The Reliability of Evidence Refers to the Degree to Which

question 58

Essay

The reliability of evidence refers to the degree to which evidence is considered believable or trustworthy. There are six factors that affect the reliability of audit evidence. One factor is the independence of the provider; i.e., evidence obtained from a source outside the client company is more reliable than that obtained within. Identify and discuss any two of the remaining five factors.

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Definitions:

Situation Analysis

The process of evaluating the current status of a company, organization, or product to understand its context within the market or environment.

Strategic Plan

An organized method for imagining an ideal future and converting this concept into general goals or aims, along with a series of actions to accomplish these goals.

Motivational Objectives

Goals designed to inspire action or change in behavior, often used in marketing, education, and management.

AAPD

The American Association of People with Disabilities, an organization advocating for the civil rights of people with disabilities.