Which of the following is an accurate statement regarding audit evidence?
A) Responses to the auditor's questions by client employees are considered highly persuasive evidence.
B) Audit evidence should provide an absolute level of assurance.
C) The auditor uses evidence to determine whether the statements are fairly presented.
D) All evidence must be highly persuasive.

Question

Quizplus · Accepted Answer

The auditor uses evidence to determine whether the financial statements are fairly presented. The purpose of the auditors is to provide reasonable assurance, not absolute assurance. Responses to the auditor's questions by client employees are considered less persuasive than evidence obtained from other sources. All evidence does not need to be highly persuasive, but rather sufficient and appropriate for the relevant assertion.

Which of the Following Is an Accurate Statement Regarding Audit