An internal auditor is gathering evidence for an organization's internal audit engagement and requests a sample of vendor invoices from the organization. Which of the following is true regarding the reliability of this evidence?
A) The invoices have zero reliability.
B) The invoices have low reliability.
C) The invoices have medium reliability.
D) The invoices have high reliability.

Question

Quizplus · Accepted Answer

Vendor invoices are considered to have medium reliability as they are internally generated documents that can be verified against external records, but they may still be subject to manipulation or error.

An Internal Auditor Is Gathering Evidence for an Organization's Internal