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Which of the following types of audit evidence is generally the most reliable?

ASSIGNMENT The following questions concern audit evidence and audit documentation. Choose the best response.a. According to PCAOB audit standards, audit documentation must be retained for b. Which of the following types of audit evidence is generally the most reliable?(1) one year.(2) three years.(3) five years.(4) seven years.(1) A bank confirmation(2) A bank statement(3) Analytical procedures(4) […]

Which of the following types of documentary evidence should the auditor consider to be the most reliable?

MULTIPLE CHOICE QUESTIONS FROM CPA EXAMINATIONS 7-23 (OBJECTIVES 7-3, 7-4) The following questions concern persuasiveness of evidence.Choose the best response.a. Which of the following types of documentary evidence should the auditor considerto be the most reliable? (1) Confirmation of an account payable balance mailed by and returned directly tothe auditor (2) A sales invoice issued […]

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