To be considered reliable evidence, confirmations must be controlled by which of the following individuals?
A) A client employee responsible for accounts receivable.
B) An external auditor.
C) A client's internal audit department.
D) A client's controller or CFO.

Question

Quizplus · Accepted Answer

An external auditor is the most reliable individual to control confirmations because they are unbiased and independent from the client, which minimizes the risk of fraudulent or misleading confirmations. The other individuals listed may have a vested interest in the confirmation results or lack the necessary objectivity and expertise to perform the control effectively.

To Be Considered Reliable Evidence, Confirmations Must Be Controlled by Which