Which of the Following Presumptions Is Correct About the Reliability

question 18

Multiple Choice

Which of the following presumptions is correct about the reliability of audit evidence?

• A)Information obtained indirectly from outside sources is the most reliable form of audit evidence.
• B)To be reliable, audit evidence should be convincing rather than persuasive.
• C)Reliability of audit evidence refers to the amount of corroborative evidence obtained.
• D)An effective system of internal control provides more assurance about the reliability of audit evidence.

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Definitions:

McDonaldization

The process by which the principles of the fast-food industry, such as efficiency and standardization, dominate other sectors of society.

Uniformity

The quality or state of being uniform; consistency in form, manner, or character among elements of a group.

Fast Food

A type of food service that emphasizes speed of service and convenience, offering quick meals that are typically high in calories and low in nutritional value.

Global Branding

The process of developing and conveying a consistent brand image and identity across different countries and cultures to achieve worldwide recognition.