Auditor should consider _____ of evidences 1 sufficiency 2 appropriateness 3 consistency 4 all of the...
Auditor should consider _____ of evidences
1 sufficiency
2 appropriateness
3 consistency
4 all of the above
Homework Answers
The auditor should consider _____ of evidence
The answer is option 4: All of the above
According to Audit standard 15, Audit evidence is all the information used by the auditors to arrive at the conclusion.
Sufficiency refers to the quality of the audit evidence. The quality of audit is affected by the risk of material misstatement, and quality of the audit evidence obtained.
Appropriateness refers to the relevance and reliability of the audit evidence.
Consistency refers to the reliability of the auditor evidence when collected from different sources. If the inconsistency found, the auditor needs to resolve the matter and should determine the effect.
So the answer is all of the above.
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