Principles of auditing Ch 6 evidence

1. Which is developed first: management's financial statement assertions or audit objectives? 2. True/False: When sampling, the auditor generalizes the results of the sample to the entire accounting population from which the sample was drawn. 3. How would an auditor confirm payable balances? Receivable balances? 4. What is the correspondence file? Permanent File? 1. Which is developed first: management's financial statement assertions or audit objectives? 2. True/False: When sampling, the auditor generalizes the results of the sample to the entire accounting population from which the sample was drawn. 3. How would an auditor confirm payable balances? Receivable balances? 4. What is the correspondence file? Permanent File