Audit evidence is sufficient when

Audit evidence is sufficient when
A: Enough of it exists to provide reasonable basis for opinion on financial statements
B: It has been obtained by random selection
C: It is competent
D: It is relevant objective and free from bias

Audit evidence is considered sufficient when the quantity is enough to support audit opinion. Auditors must gather evidence that gives a strong basis for their report. For example confirming bank balances through statements and testing invoices ensures reliability. Sufficient evidence reduces risk of wrong conclusions. Auditors use sampling and other methods to ensure evidence covers all important areas.