{Auditing} 30. During the course of gathering audit evidence, an auditor obtains them from both internal and external sources. What will be the reliability status of the evidence obtained from these two sources? a. Both internal and external sources are less reliable b. Evidence obtained from internal sources is more reliable than external sources c. Both internal and external sources are more reliable d. Evidence obtained from external sources is more reliable than internal sources
{Auditing} 30. During the course of gathering audit evidence, an auditor obtains them from both internal and external sources. What will be the reliability status of the evidence obtained from these two sources? a. Both internal and external sources are less reliable b. Evidence obtained from internal sources is more reliable than external sources c. Both internal and external sources are more reliable d. Evidence obtained from external sources is more reliable than internal sources
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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{Auditing}
30. During the course of gathering audit evidence, an auditor obtains them from both internal and external sources. What will be the reliability status of the evidence obtained from these two sources?
a.
Both internal and external sources are less reliable
b.
Evidence obtained from internal sources is more reliable than external sources
c.
Both internal and external sources are more reliable
d.
Evidence obtained from external sources is more reliable than internal sources
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