Which of the following statements is NOT true? 'The evidence- gathering technique of inquiry:
A) is the auditor's principal method of evaluating the client's internal control.'
B) requires the gathering of corroborative evidence.'
C) cannot be regarded as conclusive.'
D) does not provide evidence from an independent source.'

Question

Quizplus · Accepted Answer

Inquiry is not the principal method for evaluating internal control; auditors use a combination of techniques, including observation, inspection, and re-performance, to evaluate internal controls.

Which of the Following Statements Is NOT True? 'The Evidence-