Tools and Reflections

Relevance of audit evidence refers to how well it:
A. Confirms financial balances
B. Is documented
C. Relates to the audit objective
D. Supports management claims

Which of the following is an example of relevant evidence for a payroll audit?
A. Inventory transaction logs
B. Timesheet approval records
C. Vendor payment data
D. IT system uptime statistics

Which evidence is irrelevant for evaluating compliance with purchasing policies?
A. Purchase orders
B. Vendor contracts
C. Sales receipts
D. Invoices

Relevance is primarily about:
A. Evidence being legally defensible
B. Evidence being well-documented
C. Evidence aligning with the purpose of the audit
D. Evidence being timely

Which of the following would improve the relevance of evidence in an audit of IT access controls?
A. Historical sales performance
B. User access logs
C. Expense reports
D. Hiring documentation

Relevance depends most on:
A. The scope and objective of the audit
B. The organizational chart
C. The experience of the auditor
D. How recent the evidence is

Evidence collected during a facilities audit may be irrelevant for:
A. Maintenance issues
B. Health and safety compliance
C. Vendor contract review
D. Equipment condition analysis

A common reason for irrelevance in audit evidence is:
A. Lack of documentation
B. Wrong audit objective applied
C. High volume of data
D. Over-reliance on external sources

Evidence is only considered relevant if it:
A. Was prepared by management
B. Can be physically verified
C. Helps answer audit questions
D. Is recent

An auditor discards a report because it doesn't pertain to the process being audited. This action is based on:
A. Reliability
B. Sufficiency
C. Relevancy
D. Usefulness