Which of the following procedures would provide the most reliable audit evidence? (in your response, describe the hierarchy of audit evidence).

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Q1. Which of the following procedures would provide the most reliable audit evidence? (in your response, describe the hierarchy of audit evidence).

Q2. An important role of the Public Company Accounting Oversight Board is to oversee the: (in your response, explain how the PCAOB regulates auditors of public companies. For example, what methods do they use, how do they set rules, what are some of those rules).

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