An Internal Auditor for a Large Bank Is Reviewing the Collectability

An internal auditor for a large bank is reviewing the collectability of a loan that is secured by real property. The best evidence of the loan's collectability would be:

A) A recent independent appraisal of the value of the real property.
B) A document showing the loan committee's approval of the loan.
C) The borrower's confirmation of the loan balance.
D) A properly completed and signed loan application form.