Which of the Following Is Not Part of the Evidence

question 16

Multiple Choice

Which of the following is not part of the evidence square?

• A) Management evidence
• B) Documentary evidence
• C) Personal Observation
• D) Physical evidence

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, essentially representing the ownership interest held by shareholders.

Increase Assets

Actions or transactions that cause a rise in the total value of a company's assets.

Decrease Assets

A reduction in the value or quantity of the assets owned by a company, which can impact its overall financial health.