In determining the quantity and quality of evidence to gather, the auditor will be satisfied when the evidence is:
A) conclusive.
B) completely convincing.
C) highly persuasive.
D) irrefutable.

Question

Quizplus · Accepted Answer

The auditor seeks evidence that is highly persuasive rather than conclusive, completely convincing, or irrefutable. Evidence that is highly persuasive provides reasonable assurance that financial information is free from material misstatement. Conclusive, completely convincing, or irrefutable evidence is extremely difficult to obtain and may not be necessary to meet the auditor's objectives.

In Determining the Quantity and Quality of Evidence to Gather