The essential documents for verification of freehold land
A. Rights statement
B. Receipt of contractor
C. Lease receipt
D. Both A and B
Answer: Option D
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Related Questions on Auditing
A. 2, 1, 3, 4, 5
B. 1, 2, 3, 4, 5
C. 5, 1, 4, 3, 2
D. 4, 1, 3, 2, 5
Auditing and accounting are concerned with which of the following financial statements?
A. Auditing uses the theory of evidence to verify the financial information made available by accountancy
B. Auditing lends credibility dimension and quality dimension to the financial statements prepared by the accountant
C. Auditor should have a thorough knowledge of accounting concepts and convention to enable opinion on financial statements
D. All of the above

Correct Answer: A. Rights statement
Explanation:
For verification of freehold land, the auditor must check documents that prove ownership and title.
The most important document is: