Which of the Following Statements Is Not a Correct Statement

question 104

Multiple Choice

Which of the following statements is not a correct statement regarding audit evidence?

• A) Evidence obtained from an independent source outside the client organization is more reliable than that obtained from within.
• B) Documentary evidence is more reliable when it is received by the auditor indirectly rather than directly.
• C) Documents that originate outside the company are considered more reliable than those that originate within the client's organization.
• D) External evidence, such as communications from banks, is generally regarded as more reliable than answers obtained from inquiries of the client.

Comprehend the process and significance of shaping in operant conditioning.

Distinguish between the roles of discriminative stimuli in operant conditioning.

Understand the concept and application of chaining in operant conditioning.

Understand the calculation and implications of bond duration and modified duration.

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Definitions:

Cane Juice

The liquid extract obtained from the crushing of sugarcane, used as a sweetener or beverage.

Molasses

A thick, dark syrup produced during the refining of sugar or from sorghum, used as a sweetener or in industrial alcohol production.

Financial Advantage

The benefit gained in financial terms, which could be in the form of profits, savings, or returns, from conducting an investment, operation, or action.

Split-off Point

The stage in a production process where multiple products are derived from a single process and can be separately identified.