Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

External documentation may lack reliability,even if the auditor receives it directly. The most probable reason for this is that: The documentation may be properly understood

External documentation may lack reliability,even if the auditor receives it directly. The most probable reason for this is that:

The documentation may be properly understood by the client in the response

The external party may be competent in performing duties

The documentation may have been altered if the process is not controlled from inception

The auditor may decide not to use the documentation and replace it with other documents

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sound Investing, Chapter 15 - Liability Tricks

Authors: Kate Mooney

2nd Edition

0071719377, 9780071719377

More Books

Students also viewed these Accounting questions

Question

What do their students end up doing when they graduate?

Answered: 1 week ago