True False
8 . Audit documentation serves as support for the financial statements . ( Points : 4 )
True False
9 . In analysis of the results of audit sampling , an auditor may determine that the sample size must be increased . ( Points : 4 )
True False
10 . The revenue cycle considered by auditors includes the sales process but not collections . ( Points : 4 )
True False
11 . Inventory is complex and typically considered a high-risk area in audits of service firms . ( Points : 4 )
True False