Characteristics Of Audit Evidence Accounting Homework Help

Consider the adjectives often applied to audit evidence: appropriate, sufficient, relevant, and reliable.

Please respond to all of the following prompts in one combined main response:

Topic: Characteristics of Audit Evidence

  • Do you think audit evidence has to be all of these things (appropriate, sufficient, relevant, and reliable) to be used? Why or why not?
  • Are any two of these adjectives (sufficient, relevant, reliable, and appropriate) ever mutually exclusive? Why or why not?
  • What should an auditor do if she is unable to find evidence that is sufficient, appropriate, relevant, and reliable? Why?

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