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QUESTION 3) (40 pts) The below table evaluates the appropriateness of the types of evidence in terms of independence of provider, effectiveness of client's internal

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QUESTION 3) (40 pts) The below table evaluates the appropriateness of the types of evidence in terms of independence of provider, effectiveness of client's internal controls, auditor's direct knowledge, qualifications of the providers, objectivity of evidence. Please comment on the numbered items in your words. (Hint- Comments should include - Number 1 is HIGH because...., Number two VARIES because... etc.) (500 words) Criteria to Determine Appropriateness Effectiveness of Auditor's Type of Independence Client's Internal Direct Qualifications Objectivity Evidence of Provider Controls Knowledge of Provider of Evidence Physical 1 High (auditor does High Normally high 5 High (auditor does Confirmation 6 High Not applicable Variessually high 10 High PLEASE USE THE ANSWER SHEET PROVIDED IN THE PAGES BELOW 2 Varies examination Low INDIVIDUAL - Assignment II Q3-(40 pts) (Eoch comment 4 pts) CASE DEGREE COMMENT 1 HIGH 2 VARIES 3 HIGH 4 NORMALLY HIGH 5 HIGH 6 HIGH 7 NOT APPLICABLE 8 LOW 9 VARIES - Usually High 10 HIGH ACT 480- Auditing-Online Summer - 2020 Page 55

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