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Please answer the following questions. 6-43 ? Appropriateness of audit evidence considers what two evidence characteristics? Define these characteristics and identify factors that affect these

Please answer the following questions.

6-43 ? Appropriateness of audit evidence considers what two evidence characteristics? Define these characteristics and identify factors that affect these characteristics.

6-44 ? What is directional testing? How is the concept of directional testing related to appropriateness of audit evidence?

6-45 ? Refer to Exhibit 6.2 and describe the differences between vouching and tracing.

6-47 ? Refer to Exhibit 6.5 and identify the nine types of audit procedures. Assume that you are planning the audit of the Page-Doc Company?s inventory. PageDoc manufactures a variety of office equipment. Describe how each of the nine procedures could be used in the audit of inventory and identify the related assertion(s) the procedure is designed to test.

6-51 ? What are the basis assumptions that must hold for an auditor to justifiably use analytical procedures as a substantive audit procedure?

6-57 ? Sufficiency is a measure of the quantity of evidence. Identify factors that affect evidence sufficiency.

image text in transcribed Please answer the following questions. 6-43 - Appropriateness of audit evidence considers what two evidence characteristics? Define these characteristics and identify factors that affect these characteristics. 6-44 - What is directional testing? How is the concept of directional testing related to appropriateness of audit evidence? 6-45 - Refer to Exhibit 6.2 and describe the differences between vouching and tracing. 6-47 - Refer to Exhibit 6.5 and identify the nine types of audit procedures. Assume that you are planning the audit of the Page-Doc Company's inventory. PageDoc manufactures a variety of office equipment. Describe how each of the nine procedures could be used in the audit of inventory and identify the related assertion(s) the procedure is designed to test. 6-51 - What are the basis assumptions that must hold for an auditor to justifiably use analytical procedures as a substantive audit procedure? 6-57 - Sufficiency is a measure of the quantity of evidence. Identify factors that affect evidence sufficiency

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