Which one of the following would be considered the most reliable type of audit evidence?
A)Purchase orders from vendors.
B)Customer accounts receivable files.
C)Computerized general ledger.
D)Confirmations from banks.

Question

Quizplus · Accepted Answer

Confirmations from banks are considered the most reliable type of audit evidence as they come directly from a third-party source and provide specific details about the client's financial transactions. Purchase orders from vendors, customer accounts receivable files, and computerized general ledger can be manipulated or altered by the client, making them less reliable.

Which One of the Following Would Be Considered the Most