List two examples of audit evidence the auditor can use in support of each of the following:

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List two examples of audit evidence the auditor can use in support of each of the following:

a. Recorded amount of entries in the purchase journal

b. Physical existence of inventory

c. Accuracy of accounts receivable

d. Ownership of capital assets

e. Liability for accounts payable

f. Obsolescence of inventory g. Existence of petty cash.

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Auditing And Other Assurance Services

ISBN: 9780130091246

9th Canadian Edition

Authors: Alvin Arens, James Loebbecke, W Lemon, Ingrid Splettstoesser

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