Which of the following source of evidence would be the most reliable:
A) a written confirmation sent by a bank directly to the auditor.
B) a written confirmation sent by a debtor to the client.
C) a written document produced electronically by a client with good internal controls.
D) a written document in the form of a fax sent by a debtor to the client indicating acceptance of a special offer.
Correct Answer:
Verified
Q45: Which of the following could cause an
Q46: Engagement risk is defined as:
A) the risk
Q47: An example of qualitative materiality is:
A) an
Q48: Which of the below depicts the correct
Q49: Absolute assurance:
A) is desired and strived for
Q51: Due professional care applies to:
A) sample selection.
B)
Q52: Audit risk involves:
A) only the financial statements.
B)
Q53: Audit risk is defined as:
A) the risk
Q54: An auditor selects a sample using a
Q55: To come to an opinion on management's
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