The following are nine situations, each containing two means of accumulating evidence:1 (Click the icon to view the nine situations.)Requirementsа.Identify the six factors that determine the reliability of evidence.b.For each of the nine situations, state whether the first or second type of evidence is more reliable.С.For each situation, state which of the six factors affected the reliability of the evidence.Requirement a. Identify the six factors that determine the reliability of evidence. (Identify all six from the list below.)A. Analytical proceduresB. Timeliness| C. Inquiries of the clientD. Recalculation] E. Auditor's direct knowledgeOF. Degree of objectivityO G. Documentation] H. Effectiveness of client's internal controlsI. Independence of providerJ. Qualifications of individual providing the informationO K. Confirmation

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Requirement a. Identify the six factors that determine the reliability of evidence. (Identify all six from the list below.) O A. Analytical procedures B. Timeliness OC. Inquiries of the client D. Recalculation OE. Auditor's direct knowledge OF. Degree of objectivity O G. Documentation O H. Effectiveness of client's internal controls O. Independence of provider O J. Qualifications of individual providing the information O K. Confirmation

Requirement a. Identify the six factors that determine the reliability of evidence. (Identify all six from the list below.) O A. Analytical procedures B. Timeliness OC. Inquiries of the client D. Recalculation OE. Auditor's direct knowledge OF. Degree of objectivity O G. Documentation O H. Effectiveness of client's internal controls O. Independence of provider O J. Qualifications of individual providing the information O K. Confirmation

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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