Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
Q54: Conclusions are typically documented by auditors in
Q55: The process of vouching helps establish which
Q56: Auditors should mail third-party confirmations through the
Q57: Audit documentation should include the initials or
Q58: The audit program specifies what the client
Q60: The extent of procedures is affected mostly
Q61: Reprocessing of transactions involves which of the
Q62: Performance of audit procedures at an interim
Q63: The auditor uses professional judgment to determine
Q64: An outside specialist may assist the auditor