Which of the following is the most objective type of evidence?
A) a letter written by the client's attorney discussing the likely outcome of outstanding lawsuits
B) the physical count of securities and cash
C) inquiries of the credit manager about the collectability of noncurrent accounts receivable
D) observation of cobwebs on some inventory bins
Correct Answer:
Verified
Q16: Auditors must make decisions regarding what evidence
Q17: All evidence must have the same level
Q18: The sample size generally does not depend
Q19: Which of the following is an accurate
Q20: Timing is an important factor for the
Q22: Audit evidence obtained directly by the auditor
Q23: The auditor must gather sufficient and appropriate
Q24: Which of the following forms of evidence
Q25: Which of the following is not a
Q26: The audit program for inventories should be
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