A. Evidence for audit conclusions
B. Owned by the client
C. Owned by the auditor
D. Retained in auditor’s office until a change in auditors
Related Mcqs:
- Which of the following statement best describes the understanding with respect to ownership and custody of working papers prepared by an auditor??
- For what minimum period should audit working papers be retained by audit firm??
- Which of the following statements is, generally, correct about the reliability of audit evidence??
- Which of the following factors is most important in determining the appropriations of audit evidence??
- Which of the following statement is true regarding an auditor’s working papers??
- In an audit of financial statements, substantive tests are audit procedures that __________??
- The current file of the auditor’s working papers, generally, should include____________??
- Which of the following factors would least likely affect the quantity and content of an auditor’s working papers?
- The quantity of audit working papers complied on engagement would most be affected by__________??
- Audit in depth is synonymous for____________??
