Which of the Following Source of Evidence Would Be the Most

question 47

Multiple Choice

Which of the following source of evidence would be the most reliable:

• A) a written confirmation sent by a bank directly to the auditor.
• B) a written confirmation sent by a debtor to the client.
• C) a written document produced electronically by a client with good internal controls.
• D) a written document in the form of a fax sent by a debtor to the client indicating acceptance of a special offer.

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Definitions:

Random Variable

A numeric variable influenced by the randomness of certain phenomena.

Probability

A measure of the likelihood that a particular event will occur, often expressed as a number between 0 and 1.

Uniform Distribution

A distribution of probabilities where each possible outcome is equally probable.

Waiting Time

The time period a person or object spends waiting to receive a service or undergo a process.