Which source of audit evidence is generally most reliable?

Question

Accepted Answer

Evidence obtained directly by the auditor from an independent external source. Reliability increases with independence of source, effectiveness of related controls, and whether the evidence is obtained directly by the auditor in documentary or original form.

Answer

A) Oral representation by management

Answer

B) Evidence obtained directly by the auditor from an independent external source

Answer

C) Photocopies of internally generated documents

Answer

D) The client's own schedules

Which source of audit evidence is generally most reliable?

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