Answer the following statements true (T) or false (F)
1. A combination of evidence gathering techniques provides more persuasive than evidence
gathered from a single technique.
2. Reading the terms of lease agreement for lessee is an example of analysis.
3. An auditor should re-perform calculations on a random basis to check for accuracy.
Usually, if one component has been calculated properly, the auditor can rely that the
other components have also been computed properly.
4. Oral evidence from inquiry is considered to be very important.
5. Loan application documents are considered authoritative evidence.
1. TRUE
2. FALSE
3. FALSE
4. TRUE
5. FALSE
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The journal voucher is the document that authorizes entries to be made to the general ledger
Indicate whether the statement is true or false
A voucher system establishes procedures for verifying, approving, and recording liabilities for eventual cash payment.
Answer the following statement true (T) or false (F)
A tenant's interest in the property is a freehold estate
Indicate whether the statement is true or false
________ is an application that searches out Internet-connected devices looking for open well-known port service accesses
A) Port scanning B) Proxy searcher C) Packet integration D) Infrastructure finder