
Which ONE of the following statements is NOT correct?
When using analytical procedures, assurance providers should ……
Select ONE answer:
- consider whether the information they might require will be available
- consider the knowledge gained during previous assurance engagements
- consider NOT using information that has been internally generated at the entity
- consider the source of the information and whether it is reliable
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 3
- Not correct
- Not correct
- Correct – the assurance provider may use information that has been internally generated at the entity, provided he is satisfied that information has been properly prepared.
- Not correct

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