The following statements were made in a discussion of audit evidence between two CPAs. Which statement is not valid concerning audit evidence?
A)"I am seldom convinced beyond all doubt with respect to all aspects of the statements being examined."
B)"I would not undertake that procedure because at best the results would only be persuasive and I'm looking for convincing evidence."
C)"I evaluate the degree of risk involved in deciding the kind of evidence I will gather."
D)"I evaluate the quality of the evidence I can obtain, prior to choosing evidence."

Question

Quizplus · Accepted Answer

The statement "I'm looking for convincing evidence" implies that the CPA is seeking absolute certainty, which is not realistically attainable in auditing. The other statements reflect appropriate considerations when evaluating audit evidence, such as assessing risk, evaluating the quality of evidence, and recognizing the limitations of the audit process.

The Following Statements Were Made in a Discussion of Audit