Posted by: Pdfprep
Post Date: February 11, 2021
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?
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.
D . Sufficient, circumstantial evidence of the future solvency of the organization.
Answer: C