IIA-ACCA practice question 24 of 35

An internal auditor is using a spreadsheet application to review a cash flow forecast prepared by management. Which of the following correctly identifies the type of evidence this information represents?

Full set: 604 questions
Answer options
A: Competent, corroborative evidence of future working capital requirements.
B: Sufficient, analytical evidence of the cash flow position at a given point of time in the future.
C: Competent, documentary evidence of future cash flow changes within the organization. Correct answer
D: Sufficient, circumstantial evidence of the future solvency of the organization.
Correct Answer:
C. Competent, documentary evidence of future cash flow changes within the organization.
Scroll to Top