The Weakest Form of Audit Evidence Among the Following Is

question 33

Multiple Choice

The weakest form of audit evidence among the following is:

• A)a letter of representation from management.
• B)confirmation of an inter-company receivable from a related company.
• C)a letter of representation from the client's solicitors.
• D)a bank statement.

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Definitions:

Effect Size

A quantitative measure of the magnitude of the experimental effect.

Meta-Analysis

A statistical analysis that combines the results of multiple scientific studies on the same topic to derive more robust conclusions.

Reliability

The extent to which a measurement instrument yields reliable and repeatable outcomes across different occasions.

Conceptual Replications

Studies that investigate the same underlying phenomenon as previous research but use different methods, measures, or participants to provide additional evidence and understanding.