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As it relates to audit evidence,sufficiencyrefers to the a.Originality of evidence gathered b.Quality of evidence gathered c.Quantity of evidence gathered d.Timeliness of evidence gathered In

As it relates to audit evidence,sufficiencyrefers to the

a.Originality of evidence gathered

b.Quality of evidence gathered

c.Quantity of evidence gathered

d.Timeliness of evidence gathered

In testing theexistenceassertion for an asset like inventory or equipment, an auditor's testing normally proceeds in the direction from the

a.Financial statements to the potentially unrecorded items

b.Potentially unrecorded items to the financial statement

c.Accounting records to the supporting evidence of the asset's purchase

d.Supporting evidence of the asset's purchase to the accounting records

QUESTION 20

  1. TheIntegrity and objectivityrule forbids all of the followingexcept:
  2. Accepting referral fees from an audit client
  3. Knowingly misrepresenting facts
  4. Subordinating his or her professional judgment to others
  5. Accepting assignments that create conflicts of interest

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