From slides (other)

Question 1

What are the four evidence decisions?

Answer 1

• Audit procedures
• Sampel size for a given procedure
• Items to select from the population
• Appropriate time to perform the procedures

Question 2

What types of audit evidence is there?

Answer 2

• Physical examination
• Confirmation
• Inspection
• Analytical procedures
• Inquires of client
• Recalculation/Re-performance
• Observation

Question 3

The audit report fulfils the following three function:

Answer 3

• Information function
• Control function
• Attestation function

Question 4

What are the two audit states?

Answer 4

• Actual state (information)

- Target state (established criteria)