Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
The reliability of evidence depends on the nature and source of the evidence. Which of the following presumption is correct about the reliability of audit evidence?
Select one:
a.
Evidence from sources outside an entity is more reliable than evidence obtained solely from within the entity.
b. All the given answers are correct.
c.
Evidence in the form of documents or written representations is more reliable than oral representations.
d.
Evidence obtained directly by the auditor is more reliable than evidence obtained from the client.
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