Which of These Would Not Be Considered Corroborating Information

question 23

Multiple Choice

Which of these would not be considered corroborating information?

• A)The accountant's work sheet.
• B)Cancelled cheques held by the client.
• C)Confirmation from vendors.
• D)Oral evidence obtained from client personnel.

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Definitions:

Investment Banker

A professional who deals with raising capital, trading securities, and managing corporate mergers and acquisitions.

Long Range

Pertaining to planning or forecasting far into the future, often involving periods of several years or more.

Savers

Individuals or entities that set aside funds for future use, typically by depositing money in savings accounts or investing in securities.

Cash Movement

The inflow and outflow of cash within a business, highlighting the company's ability to generate cash and manage expenses.