Select the best possible answers for each of the following questions.
is the use of documentation to support recorded transactions or amounts.
is the timing of audit evidence in relation to the period covered by the audit.
are written records of the clients expectations for the period or a comparison of budgets with actual results may indicate whether or not misstatements are likely.
is the auditors receipt of a written or oral response from an independent third party verifying the accuracy of information requested.
procedures are evaluation of financial information made by a study of plausible or expected relationships among financial and non-financial data.
The or quality of audit evidence relates to its relevance and reliability. To be relevant, audit evidence must assist the auditor in achieving the audit objective. The reliability of audit evidence depends upon its nature and source.
An is a detailed list of the audit procedures to be performed in the course of an audit engagement which provides a basis for assigning and scheduling audit work and for determining what work remains to be done.
are written records of the client's expectations for the period. A comparison with actual results may indicate whether or not errors are likely.
is the process of establishing the accuracy of recorded transactions by following a transaction back to supporting documents from a prior processing step tracing back.
is the auditors' evidence gathering technique that provides physical evidence. It is also the process of viewing a client activity or the use of the senses to assess certain activities.