The auditor is tracing from the duplicate sales invoices to related shipping documents with respect to the occurrence transactionrelated audit objective. This type of evidence is

A. relevant.

B. timely.

C. independent.

D. related to external documentation.

Which of the following audit techniques would the auditor use to test the completeness of sales(i.e., test whether shipments have been billed tocustomers)?

A. trace shipping documents to duplicate sales invoices

B. match data file versions of sales invoices to paper records

C. look at subsequent payments after the year end for payments for outstanding invoices

D. trace duplicate sales invoices to shipping documents

Evidence is generally considered appropriate when

A. it consists of written statements made by managers of the enterprise under audit.

B. it has been obtained by random selection.

C. it has the qualities of beingrelevant, objective, and free from known bias.

D. there is enough of it to afford a reasonable basis for an opinion on financial statements.

Which of the following types of evidence would be considered most reliable in the audit of accountspayable?

A. review of internal budgets for the period under audit

B. inspection of client purchase orders

C. inquiry of management with respect to recent purchases

D. inspection of supplier invoices

Gina is performing the audit of the payables section of Reno Inc. She wants to confirm the payables from an independent source. Which of the following actions would achievethis?

A. Confirm the account payable to Suco Inc. The CEO of Reno owns30% of the outstanding shares of Suco.

B. Confirm the account payable with Clarkson Corp. The CFO of Clarkson is the wife of the controller of Reno.

C. Confirm an interco payable with the CEO of the US branch of Reno Inc.

D. Confirm the line of credit balance with Citizen Bank. Reno does all its banking with Citizen and it also has a longterm loan there.