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true / false 55. Audit evidence is more reliable when it is obtained from knowledgeable independent sources outside the entity. 56. Audit evidence that is

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55. Audit evidence is more reliable when it is obtained from knowledgeable independent sources outside the entity. 56. Audit evidence that is generated internally is more reliable when the related controls imposed by the entity are effective. 57. Audit evidence obtained directly by the auditor (for example, observation of the application of a control) is more reliable than audit evidence obtained indirectly or by inference (for example, inquiry about the application of a control). 58. Audit evidence is more reliable when it exists in documentary form, whether paper, electronic, or other medium (for example, a contemporaneously written record of a meeting is more reliable than a subsequent oral representation of the matters discussed) Audit evidence provided by original documents is more reliable than audit evidence provided by photocopies or facsimiles. 59

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