[amp_mcq option1=”To detect errors or fraud” option2=”To comply with GAAP” option3=”To gather sufficient appropriate evidence” option4=”To assess audit risk” correct=”option3″]<\/p>\n
The correct answer is: C. To gather sufficient appropriate evidence<\/strong>.<\/p>\n Audit programs are sets of instructions that auditors use to guide their work during an audit. They are designed to help auditors gather sufficient appropriate evidence to support their opinion on the financial statements.<\/p>\n Sufficient evidence is evidence that is adequate and convincing enough to support the auditor’s conclusions. Appropriate evidence is evidence that is relevant and reliable.<\/p>\n The purpose of audit program preparation is to ensure that the auditor gathers sufficient appropriate evidence to support their opinion on the financial statements. This includes identifying the types of evidence that need to be gathered, as well as the sources of evidence and the procedures that need to be performed.<\/p>\n The other options are incorrect because:<\/p>\n [amp_mcq option1=”To detect errors or fraud” option2=”To comply with GAAP” option3=”To gather sufficient appropriate evidence” option4=”To assess audit risk” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[698],"tags":[],"class_list":["post-32714","post","type-post","status-publish","format-standard","hentry","category-auditing","no-featured-image-padding"],"yoast_head":"\n\n