Rank the Reliability of the Following Items of Audit Evidence

question 106

Multiple Choice

Rank the reliability of the following items of audit evidence:
1) schedules of details of physical inventory counts conducted by the client
2) the auditor's notation of inferences drawn from ratios and trends
3) copies of bank statements held by the client
4) copies of bank statements obtained directly from the bank

• A) 2, 3, 4, 1
• B) 3, 4, 2, 1
• C) 4, 2, 3, 1
• D) 4, 1, 2, 3

---

Definitions:

Multiple Sclerosis

An autoimmune disease affecting the brain and spinal cord, characterized by damage to the myelin sheath that disrupts communication between the brain and the body.

Amygdala

A part of the brain within the temporal lobe that plays key roles in processing emotions such as fear, anger, and pleasure.

Endorphins

Naturally occurring peptides in the brain that act as neurotransmitters to reduce the perception of pain and can induce feelings of pleasure or euphoria.

Glial Cells

Non-neuronal cells in the nervous system that support, protect, and provide a scaffold for neurons.