Audit evidence is usually considered sufficient when

Group of answer choices

there is enough quantity to afford a reasonable basis for an opinion on financial statements.

it has the qualities of being relevant, objective, and free from unknown bias.

it has been obtained through random selection methods.

it is reliable.

The responsibilities principle under generally accepted auditing standards does not include which of the following?

Group of answer choices

Due care.

Independent attitude.

Planning and supervision.

Competence and capabilities.

The auditor's judgment concerning the overall fairness of the presentation of financial position, results of operations, and cash flows is applied within the framework of:

Group of answer choices

generally accepted auditing standards, which include the concept of materiality.

the auditor's evaluation of the audited company's internal control.

quality control.

the