If a narrative is “true on its form,” it means itIt places more emphasis on the actual incident versus the pre and post narrativeIt has no non-confirming sentences in itIt has more true than false statement in it It places equal space and emphasis on the pre, post and actual incident

If a narrative is "true on its form," it means that it places equal space and emphasis on the pre,…

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Accounting

If a narrative is “true on its form,” it means it

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter6: A Framework For Audit Evidence

Section: Chapter Questions

Problem 30MCQ

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Concept explainers

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.

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If a narrative is “true on its form,” it means it

It places more emphasis on the actual incident versus the pre and post narrative
It has no non-confirming sentences in it
It has more true than false statement in it
It places equal space and emphasis on the pre, post and actual incident

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