Can anyone explain with examples with below mention words.
1.Persuasive evidence.
2.Conclusive Evidence.
3.Absolute assurance.
4.Reasonable Assurance.
5.Inherent
persuasive means which explains the details and elaborate the evidence to justify it
conclusive means which only provide conclusion whether misstatements exist or not
absolute means auditor gives 100 percent assurance that there are not even a single misstatement..and completely reliable...here auditor have to check each and every a minor transaction and items
reasonable means auditor , without being negligent performs procedures and provides assurance that upto his ckecking as per standards
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