Evidence Can Be Obtained from Others or Provided by the Auditor

question 61

Multiple Choice

Evidence can be obtained from others or provided by the auditor who has good knowledge of each industry but is not an expert.Which of the following types of evidence is considered to be most reliable?

• A)examination of diamond inventory by the auditor
• B)external confirmations from individual owners of condominium units
• C)examination of oil and gas reserves by the auditor
• D)external confirmations from financial institutions

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Definitions:

Unattainable Goal

A goal that cannot be achieved, regardless of the effort or strategies applied due to its inherent impossibility or unrealistic nature.

Central to Their Self-Esteem

A phrase describing components or aspects of a person's life that are fundamentally important to their overall sense of worth or value.

Ironic Processing

Ironic processing is the psychological phenomenon where an individual's effort to suppress certain thoughts makes them more likely to surface.

Distract

To draw away or divert one's attention or focus from a desired point of concentration.