Which Item Below Would Be an Example of Real Evidence

question 47

Multiple Choice

Which item below would be an example of real evidence?

• A) a flow chart
• B) a knife
• C) a voice recording
• D) a computer simulation

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Definitions:

Inventory

The sum of products and materials a company has in stock for the purpose of selling or utilizing in manufacturing processes.

Physical Inventory

Physical inventory refers to the process of counting all the physical merchandise or stock in a store or warehouse to ensure data accuracy.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income or loss over a specific period of time.

Actual Amount

Refers to the real, exact amount of financial transactions, differing from estimates or budgeted amounts.