Q7:

hysical examination

a.

can be used for both tangible assets and documents.

b.

is sufficient evidence to verify that the existing assets are owned by the client.

c.

is a direct means of verifying that an asset really exists.

d.

is not generally a reliable type of audit evidence.

Q8:

Which of the following is not a characteristic of the reliability of evidence?

a.

effectiveness of client internal controls

b.

education of auditor

c.

independence of information provider

d.

timeliness