Which of the following statements concerning audit evidence

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Reference no: EM13451758

Which of the following statements concerning audit evidence is true?

A client's accounting data can be sufficient audit evidence to support the financial statements.

To be competent, audit evidence should be either persuasive or relevant, but it need not be both

The measure of the validity of audit evidence lies in the auditor's judgment.

The difficulty and expense of obtaining audit evidence concerning an account balance is a valid basis for omitting the test

Reference no: EM13451758

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