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Distinguish Between Internal Documentation and External Documentation as Types of Audit

question 42

Essay

Distinguish between internal documentation and external documentation as types of audit evidence. Give two examples of each. Which type is considered more reliable?

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Definitions:

Construct Reliability

A measure of the consistency and stability of a psychological test or assessment tool across different administrations, ensuring that the construct it aims to measure is being accurately captured.

Divergent

Refers to thinking or strategies that explore multiple possible solutions in order to generate creative responses to complex problems.

Predictive

Relating to the ability to make predictions about future events based on current or past data.

Established Measures

Metrics or standards that have been widely adopted and accepted for evaluating performance, quality, or attainment.

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