Which of these would generally be considered the least appropriate form of evidence?
A) The auditor's computation of earnings per share.
B) Pre-numbered sales invoices prepared by the accounts receivable clerk.
C) The auditor's inspection of new machinery acquisitions for the current year where the client is a computer manufacturer.
D) Correspondence from the client's solicitor concerning litigation.
Correct Answer:
Verified
Q4: On each engagement, the specific audit objectives
Q5: In making judgements about materiality at the
Q12: Which of these would not be considered
Q14: Qualitative factors are applicable to materiality levels
Q15: Assertions about account balances and related disclosures
Q16: In determining the sufficiency of evidential matter,
Q18: The auditor has assessed control risk as
Q19: If the bank reconciliation is incorrect the
Q21: The subject of the auditing procedure 'observation'
Q22: Use of the auditing procedure 'confirmation' would
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