How is an auditors professional judgment applied in assessing the appropriateness of audit evidence?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
Judgment is applied to decide what is the most persuasive evidence that can be obtai...View the full answer
Answered By
Gabriela Rosalía Castro
I have worked with very different types of students, from little kids to bussines men and women. I have thaught at universities, schools, but mostly in private sessions for specialized purpuses. Sometimes I tutored kids that needed help with their classes at school, some others were high school or college students that needed to prepare for an exam to study abroud. Currently I'm teaching bussiness English for people in bussiness positions that want to improve their skills, and preparing and ex-student to pass a standarized test to study in the UK.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
Question Posted:
Students also viewed these Auditing questions
-
Appropriateness of audit evidence considers what two evidence characteristics? Define these characteristics and identify factors that affect these characteristics.
-
TRUE-FALSE QUESTIONS 1. The appropriateness of audit evidence refers to its relevance and reliability. 2. The sufficiency of evidence is a measure of evidence quality. 3. When testing for existence,...
-
Distinguish between the appropriateness of audit evidence and the sufficiency of audit evidence.
-
You are the manager of a fast food restaurant. Part of your job is to report to the boss at the end of the day which special is selling best. Use your vast knowledge of descriptive statistics and...
-
Describe the aspects of the environment of each country that should be taken into account in international marketing research.
-
How is the treasury stock approach applied to the elimination of mutually-held stock?
-
The Thurston Company's current year income statement contains the following data: Thurston's comparative balance sheets show the following data (accounts payable relate to merchandise purchases):...
-
Brads BBQ reported sales of $ 735,000 and net income of $ 28,000 in its 2015 income statement. Brads also reported total assets of $ 496,000 in its 2015 balance sheet and $ 389,000 in its 2014...
-
reference: The student of Hospitality got a job as a package handler and creating labels in a coffee company. Name of the company : Popcoffeeworks, Toronto before the story: The student worked for...
-
Millennium Liquors is a wholesaler of sparkling wines. Their most popular product is the French Bete Noire. Weekly demand is for 45 cases. Assume demand occurs over 50 weeks per year. The wine is...
-
What are some of the methods and sources of information the auditor can use to understand an auditees business?
-
How external, external-internal, and internal documentary evidence are generally defined?
-
Russell Container Corporation has a $1,000 par value bond outstanding with 30 years to maturity. The bond carries an annual interest payment of $105 and is currently selling for $880 per bond....
-
What are the mechanisms by which organizations learn and transfer knowledge across different departments or divisions, and how can these processes be optimized?
-
How can a first mover protect their near monopoly and high levels of return?
-
Scenario CONTRACT IS VALID CONTRACT MAY NOT BE VALID If you think that contract may not be valid, please list the missing element/s 1 Claire sells her car to Simon for $100 2 Andrea books a flight...
-
You have a puck on a string, and you twirl the puck with uniform circular motion in a horizontal circle along virtually frictionless ice. a) What causes the centripetal acceleartion of the puck? b)...
-
The rectifier function 0 if x < 0 r(x) = X if x 0 is used in artificial neural networks to model the firing of neurons. However, r(x) is not differentiable at 0. Differentiability can improve the...
-
Attempt to unify the following pairs of expressions. Either show their most general unifiers or explain why they will not unify. a.p (X, Y) and p(a,Z) b.p (X, X) and p(a,b) c. Ancestor (X, Y) and...
-
Do animals have rights? If so, what are they? What duties do human beings have toward animals? Does KFC protect animal welfare at an acceptable level?
-
On September 2, 2012, Levine executed a mortgage bond under which she promised to pay the Mykoffs a preexisting obligation of $54,000. On October 14, 2015, the Mykoffs transferred the mortgage to...
-
Does the requirement for standardized audit report wording relate to the expectations gap in some way? Explain.
-
What standards are followed for writing an auditors report?
-
What does the term unmodified audit opinion mean? What simpler term for this type of opinion is often used in practice?
-
Ruby is 25 and has a good job at a biotechnology company. She currently has $11,000 in an IRA, an important part of her retirement nest egg. She believes her IRA will grow at an annual rate of 9...
-
Susan has a 25-year home mortgage of $210,098 at 4.75% interest and will pay $1,891 annual insurance premium. Her annual property tax will be $2,174. Find her monthly PITI payment. Click the icon to...
-
If a foreign country's consumers tend to only purchase products that are produced locally, the least effective strategy for a U . S . firm is to: a . develop a subsidiary ( under the U . S . name )...
Study smarter with the SolutionInn App