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- Subject
- Audit Evidenceauditing-mcqs › audit-evidence
- Published
- 27 Jul 2019
- Last updated
- 28 May 2026
Explanation
Option B is correct because a well-functioning internal control system enhances the reliability of audit evidence. Option A is incorrect since evidence can be reliable even if it is persuasive rather than conclusive. Option C is incorrect because evidence from external sources is more reliable when obtained directly, not through the client. Option D is incorrect as not all statements are true.
More Audit Evidence MCQs
Practice related questions from the same subject.
- 1.Which factor plays the most crucial role in determining the appropriateness of audit evidence?
- 2.Which statement best defines the risk of incorrect acceptance in the context of substantive audit procedures?
- 3.How is the risk of incorrect rejection best defined in the context of substantive testing?
- 4.Which of the following statements about management representations according to AAS-11 is incorrect?
- 5.Which factor influences the effectiveness of an audit?
- 6.Which item listed below does not qualify as corroborative evidence?
- 7.Under what condition is evidential matter generally regarded as sufficient?
- 8.How is the nature, timing, and scope of substantive procedures related to the evaluated level of control risk?
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