Which of the following statements concerning audit evidence is correct?

Ibrahimhamm

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2022-06-27

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The difficulty and expense of obtaining audit evidence concerning an account balance are a valid basis for omitting the test.
To be appropriate, audit evidence should be either persuasive or relevant but need not be both.
An entity\'s general ledger may be sufficient audit evidence to support the financial statements.
The measure of the reliability of audit evidence lies in the auditor\'s judgment.

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Ibrahimhamm

2022-06-27

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