According to the reliability hierarchy by evidence type as presented in the text, an example of audit evidence with a low level of reliability is: Multiple Choice Reperformance. Inspection Observation Analytical procedures

According to the reliability hierarchy by evidence type as presented in the text, an example of audit evidence with a low level of reliability is: Multiple Choice Reperformance. Inspection Observation Analytical procedures

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter8: Specialized Audit Tools: Attributes Sampling, Monetary Unit Sampling, And Data Analytics Tools

Section: Chapter Questions

Problem 8RQSC

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Question

According to the reliability hierarchy by evidence type as presented in the text, an example of audit evidence with a low level of reliability is:
Multiple Choice
Reperformance.
Inspection
Observation
Analytical procedures

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