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Which statement best explains Audit trail?

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Question ID #25940

Correct Answer: A. Chronological record enabling transactions to be traced through a system

Question: Which statement best explains Audit trail?

A. Chronological record enabling transactions to be traced through a system

B. Susceptibility of an assertion to material misstatement before considering related controls

C. Examination of documentary evidence supporting transactions

D. Information used by an auditor in arriving at conclusions on which the audit opinion is based

Correct Answer: A. Chronological record enabling transactions to be traced through a system

Which statement best explains Audit trail? - MCQ Explanation

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Correct answer: A. Chronological record enabling transactions to be traced through a system