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Question 34 Not yet answered Marked out of 1.00 Flag question Two determinants of the persuasiveness of evidence are: Select one: a. relevance and reliability
Question 34 Not yet answered Marked out of 1.00 Flag question Two determinants of the persuasiveness of evidence are: Select one: a. relevance and reliability b. appropriateness and sufficiency C. competence and sufficiency d. independence and effectiveness Question 33 Not yet answered Marked out of 1.00 Flag question For audit evidence to be compelling to the auditor it must be sufficient and appropriate. Which statement below is not correct regarding the appropriateness of audit evidence? Select one: a. The more effective the internal control system, the more assurance it provides the auditor about the reliability of financial reporting by the client. b. The independent auditor's direct personal knowledge, obtained through inquiry, observation and inspection, is generally more persuasive than information obtained indirectly. c. An auditor's opinion, to be economically useful and profitable to the auditing firm needs to be formed within a reasonable time and based on evidence obtained that assures profits for the auditing firm. d. Evidence obtained from independent sources outside the entity is generally more reliable than evidence secured solely within
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