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Auditors need to obtain evidence on a cost-effective basis, and consequently, the nature of audit evidence is persuasive rather than conclusive Required 1.Explain fully why

Auditors need to obtain evidence on a cost-effective basis, and consequently, the nature of audit evidence is persuasive rather than conclusive


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1.Explain fully why evidence is always persuasive and never conclusive?

2. Is there a difference in the level of persuasiveness evidence provides? Explain

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