Which of the Following Types of Audit Evidence Is the Least

question 52

Multiple Choice

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

• A)Evidence from the client's organization.
• B)Evidence derived from a well-controlled system.
• C)Evidence from independent outside sources.
• D)Original documents.

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Definitions:

Standard Materials Cost

The pre-determined cost of materials that should be consumed under efficient operating conditions.

Material Used

The raw materials consumed in the manufacturing process to produce goods.

Produced Units

The total number of items manufactured or produced by a company within a specific period.

Data Period

Data period refers to the specific time frame during which data is collected, analyzed, or reported.