When the client's internal controls are good, internal documents are more reliable than when the client's internal controls are poor.
Correct Answer:
Verified
Q52: Objective evidence is more reliable, and hence
Q79: The reliability of audit evidence cannot be
Q83: When an analytical procedure reveals no unusual
Q88: Audit evidence obtained from scanning a ledger
Q88: What are the benefits to auditors of
Q91: Ratios and other analytical procedures need to
Q91: Below are 10 documents typically examined by
Q92: Physical examination is usually more costly than
Q93: Analytical procedures use comparisons and relationships to
Q98: One purpose of performing analytical procedures in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents