Week 9 - Evidence Flashcards
(5 cards)
1
Q
What kind of evidence is better 1.
A
External better than internal
2
Q
What kind of evidence is better 2.
A
Hard copy better than oral
3
Q
What kind of evidence is better 3.
A
Original better than copy
4
Q
What kind of evidence is better 4.
A
Auditor generated best
5
Q
What are financial statement assertions?
A
The representations made by management that are embodied in the financial statements
