The "relevance" of information
A)is related to the source and nature of the evidence and the circumstances under which the evidence is obtained
B)is related to the legality of the evidence and the circumstances under which the evidence is obtained
C)is related to the connection between the purpose of the audit evidence and the evidence gathered by the audit procedure
D)is related to the purpose of the audit evidence and the variety of evidence gathered by the audit procedure

Question

Quizplus · Accepted Answer

The relevance of information in an audit context refers to the connection between the purpose of the audit evidence and the evidence gathered by the audit procedure. It is important that the evidence obtained is directly related to the audit objective and can help the auditor to form a conclusion on the financial statements. Therefore, choice C is the best option. Choices A, B, and D may also be relevant in certain situations, but they do not directly address the concept of relevance as it pertains to audit evidence.

The "Relevance" of Information