Which of the following forms of evidence is LEAST reliable?
A) Positive confirmation of customer's balance
B) A letter from the client's solicitor stating that there are no known lawsuits pending against the client
C) Client's file copy of a purchase requisition
D) Monthly bank statement
Correct Answer:
Verified
Q1: Most auditors prefer to replace tests of
Q3: Which of the following is NOT audit
Q4: Evidence is usually more persuasive for balance
Q5: A common comparison occurs when the auditor
Q6: Physical examination of assets is NOT a
Q7: Those procedures specifically outlined in an audit
Q8: When the auditor is gathering evidence, if
Q9: An auditor would be LEAST likely to
Q10: A document that the auditor receives from
Q11: Which of the following discoveries, when discovered
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