Which of the Following Types of Audit Evidence Is the Most

question 107

Multiple Choice

Which of the following types of audit evidence is the most reliable?

• A)Evidence from the client's organization.
• B)Evidence from a poorly controlled system.
• C)Directly observable evidence.
• D)Facsimiles of documents.

---

Definitions:

Exponential Smoothing

A forecasting technique that applies decreasing weights to past data, more heavily weighting recent observations.

Recent Data

Information or statistics that have been collected in the near past and are up-to-date.

Long-Term Trend

A persistent movement in data over a long period, indicating a general direction.

Annual Time Series

Data collected or recorded at yearly intervals, often used for analyzing trends over time.