Answered: Which type of evidence is considered…

Which type of evidence is considered more reliable a accounts receivable confirmation O minutes from management meetings O internally generated evidence O copy of cash receipt

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

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Which type of evidence is considered more reliable and relevant by the auditor?
accounts receivable confirmation
O minutes from management meetings
O internally generated evidence
O copy of cash receipt

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