Which type of audit evidence can the auditor use in support of the 'ownership of noncurrent assets' audit objective?
A) examine invoice from vendor
B) examine title for ownership of asset
C) physical examination
D) direct confirmation with vendor

Question

Quizplus · Accepted Answer

Examining the title for ownership of an asset directly supports the audit objective of verifying ownership, as it provides legal evidence that the entity owns the asset.

Which Type of Audit Evidence Can the Auditor Use in Support