Which of the following types of documentary evidence should the auditor consider the most reliable? a. Sales invoice created by the client with the support of proof of delivery from an outside delivery service b. Confirmation of debt balances sent and returned directly to the auditor c. Check made by the company and includes a sign of approval of the party receiving the money, which is included in the bank statement sent directly to the auditor d. An audit list prepared by the client controller and reviewed by the client treasurer.
Which of the following types of documentary evidence should the auditor consider the most reliable? a. Sales invoice created by the client with the support of proof of delivery from an outside delivery service b. Confirmation of debt balances sent and returned directly to the auditor c. Check made by the company and includes a sign of approval of the party receiving the money, which is included in the bank statement sent directly to the auditor d. An audit list prepared by the client controller and reviewed by the client treasurer.
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
Chapter13: Auditing Debt, Equity, And Long-term Liabilities Requiring Management Estimates
Section: Chapter Questions
Problem 36CYBK
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Which of the following types of documentary evidence should the auditor consider the most reliable?
a. Sales invoice created by the client with the support of proof of delivery from an outside delivery service
b. Confirmation of debt balances sent and returned directly to the auditor
c. Check made by the company and includes a sign of approval of the party receiving the money, which is included in the bank statement sent directly to the auditor
d. An audit list prepared by the client controller and reviewed by the client treasurer.
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