What Type of Evidence Would Provide the Highest Level of Assurance

question 47

Multiple Choice

What type of evidence would provide the highest level of assurance in an attestation engagement?

• A)Evidence secured solely from within the entity.
• B)Evidence obtained from independent sources.
• C)Evidence obtained indirectly.
• D)Evidence obtained from multiple internal inquiries.

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Definitions:

Standard Deviation

A statistic that quantifies the amount of variation or dispersion of a set of data values from the mean.

Freshman Class

The group of students collectively beginning their first year of higher education or high school.

Standard Error

A measure of the statistical accuracy of an estimate, commonly the standard deviation of the sampling distribution of a statistic.

Population Parameter

A value that accurately represents a particular characteristic of an entire population.