21) Which of the following is an accurate statement regarding audit evidence? 21) A) All evidence must be highly persuasive. B) Responses to the auditor's questions by client employees is considered highly persuasive evidence. C) The auditor uses evidence to determine whether the statements are fairly presented D) Audit evidence should provide an absolute level of assurance. 22) Auditors must make decisions regarding what evidence to gather and how much to accumulate. 22) Which of the following is a decision that must be made by auditors related to evidence? A) Sample size Timing of audit procedures B) Sample size Yes iming of audit procedures No iming of audit procedures ample size No ample size iming of audit procedures Yes 23) Which of the following is not one of the four decisions about what evidence to gather and how23) much of it to accumulate? A) what sample size to select for a given procedure B) which audit procedures to use C) when to perform the procedures D) which accounts must agree to the general ledger 24) Audit evidence has two primary qualities for the auditor, relevance and reliability. Given the choices below. which provides the auditor with the most reliable audit evidence? A) copy of month-end adjusting entries B) internal memo explaining the issuance of a credit memo C) general ledger account balances D) confirmation of accounts receivable balance received from a customer 25) The auditor must gather sufficient and appropriate evidence during the course of the audit. 25) Sufficient evidence must A) be well documented and cross referenced in the audit documents B) be persuasive enough to enable the auditor to issue an audit report. C) be based on sources that are external to company D) provide evidence that prove or disprove an audit objective/assertion