Question

Noah Piel is auditing the notes payable of Chesterton Bakery. Noah is trying to ensure he obtains evidence provided by original documents rather than copies. Which characteristic of audit evidence is Noah concerned with?

• A : Sufficiency

• B : Reliability

• C : Appropriateness

• D : Relevance

Answer 1

Which characteristic of audit evidence is Noah concerned with the answer of the given question is mentioned Below:-

Noah Piel is auditing the notes payable of Chesterton Bakery. Noah is trying to ensure he obtains evidence provided by original documents rather than copies. Which characteristic of audit evidence is Noah concerned with? Option (A) Sufficiency Option (B) Reliability Option (C) Appropriateness Option (D) Relevance Correct Answer is Option (B) ie: Reliability Explanation for the Answer: Option (A) is Incorrect Because Sufficiency means-Sufficiency of Audit Evidence is the measure of the quantity of Audit Evidence Option (B) is Correct Because Reliability means-Reliable evidence is those evidence which the auditor have obtained from the trustworthy Source or evidence over which auditor can rely Evidence is considered as more reliable when it is obtained from external source and in original & documentary form Eg. Evidence provided by original documents is more reliable than evidence provided by photocopies Option() is Incorrect Because Appropriateness means-Appropriateness is the measure of the quality of audit evidence, For the purpose of appropriateness the audit evidence must be both relevant and reliable in support for the conclusions on which the auditor's opinion is based. Option (D) is Incorrect Because Relevance means-Relevance evidence is a such type of evidence that relates directly to the assertion being tested.