Evidence Tending to Make a Fact in Question More or Less

question 50

Multiple Choice

Evidence tending to make a fact in question more or less probable than it would be without the evidence is called:

• A) direct evidence
• B) indirect evidence
• C) circumstantial evidence
• D) relevant evidence

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Definitions:

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including the balance sheet, income statement, and cash flow statement.

External Auditor

An independent party that reviews an organization's financial statements to ensure accuracy and compliance with accounting standards.

Net Income

The total earnings of a company after deducting all expenses, taxes, and losses from total revenue.

Balance Sheet

This details a business's financial condition by listing its assets, debts, and the equity of its shareholders on a specific date.