An example of an external document that provides reliable information for the auditor is:
A)employees' time reports.
B)bank statements.
C)purchase order for company purchases.
D)carbon copies of checks.

Question

Quizplus · Accepted Answer

Bank statements provide reliable information on the company's cash balances and transactions processed through the bank, which is important for the auditor to verify the completeness and accuracy of the financial statements. The other options may also provide useful information, but they may require additional verification and validation to ensure reliability.

An Example of an External Document That Provides Reliable Information