Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Of the following, which is the least reliable type of audit evidence? Confirmations mailed by outsiders to the auditors. Correspondence between the auditors and suppliers.

Of the following, which is the least reliable type of audit evidence?

Confirmations mailed by outsiders to the auditors.

Correspondence between the auditors and suppliers.

Copies of sales invoices inspected by the auditors.

Canceled checks returned in the year-end bank statement directly to the client.

Step by Step Solution

3.49 Rating (159 Votes )

There are 3 Steps involved in it

Step: 1

Answer C Copies of sales invoices inspected by the auditors Audit ev... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistical Inference

Authors: George Casella, Roger L. Berger

2nd edition

0534243126, 978-0534243128

More Books

Students also viewed these Accounting questions

Question

Evaluate each logarithm to four decimal places. log 0.257

Answered: 1 week ago