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Auditing Auditing Difficulty: Medium

'F'o'r' 'c'o'm'p'a'n'i'e's' 'r'e'q'u'i'r'e'd' 't'o' 'p'r'o'd'u'c'e' 'i'n't'e'r'i'm' 'f'i'n'a'n'c'i'a'l' 's't'a't'e'm'e'n't's' '('I'F'I')':' 'T'o' 't'e's't' 'w'h'e't'h'e'r' 's'a'l'e's' 'h'a'v'e' 'b'e'e'n' 'r'e'c'o'r'd'e'd',' 't'h'e' 'a'u'd'i't'o'r' 's'h'o'u'l'd' 'd'r'a'w' 'a' 's'a'm'p'l'e' 'f'r'o'm' 'a' 'f'i'l'e' 'o'f'_'_'_'_'_'_'_'_'_'_'?' Which of the following statements is INCORRECT? What is meant by negative assurance? Which of the following is not an advantage of the preparation of working paper?