Audit documentation
A)is referred to as working papers or workpapers
B)includes a record of the audit procedures attempted
C)includes a record of the audit file obtained
D)includes a record of the assumptions reached by the auditor from a review of the evidence
E)may be recorded on paper or in electronic form
F)both A and C
G)both A and E

Question

Quizplus · Accepted Answer

Audit documentation, often referred to as working papers or workpapers, may indeed be recorded on paper or in electronic form. These documents serve as a record of the planning, nature, timing, and extent of the audit procedures performed, as well as the conclusions drawn from the evidence obtained during the audit.

Audit Documentation