Which one of the following would be the least persuasive type of evidence?
A)Confirmations returned by bank directly to the auditor.
B)Letters of communication from the Securities Exchange Commission.
C)Physical examination of perpetual inventory.
D)General ledger information.

Question

Quizplus · Accepted Answer

General ledger information alone is not very persuasive as it does not provide any external or independent source of verification. It may be subject to errors or even fraud, and therefore needs to be corroborated with other evidence. The other options provide more reliable and verifiable evidence, as confirmations from bank or regulatory authorities, or physical examination of inventory.

Which One of the Following Would Be the Least Persuasive