Which of the following types of audit evidence provides the least assurance of reliability?
Which of the following types of audit evidence provides the least assurance of reliability?
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter16: Advanced Topics Concerning Complex Auditing Judgments
Section: Chapter Questions
Problem 27MCQ
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Question
Which of the following types of audit evidence provides the least assurance of reliability?
A. Receivable confirmations received from the client's customers
B. prenumbered receiving reports completed by the client's employees
C. Prior months' bank statements obtained from the client
D. Municipal property tax bills prepared in the client's name.
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