Which of these would not be considered corroborating information?
A) the accountant's work sheet.
B) cancelled cheques held by the client.
C) confirmation from vendors.
D) oral evidence obtained from client personnel.
Correct Answer:
Verified
Q6: During the audit of XYZ Ltd the
Q7: The completeness assertion would be violated if:
A)
Q8: The recorded balance in an account generally
Q9: "Tolerable error" (or tolerable misstatement) is the
Q10: In determining the sufficiency of evidential matter,
Q12: All else being equal, as the level
Q13: The presentation and disclosure assertion often includes
Q14: In planning the audit, the auditor should
Q15: In general, as an account balance decreases,
Q16: Use of the auditing procedure 'confirmation' would
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