Which One of the Following Would Be Considered the Most

question 28

Multiple Choice

Which one of the following would be considered the most persuasive type of audit evidence?

• A)purchase orders from vendors
• B)customer accounts receivable files
• C)computerized general ledger
• D)confirmations from banks

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Definitions:

Normal Distribution

A distribution of probabilities that is even around the average, indicating that occurrences close to the mean happen more often.

Sample

A subset of the population.

Test Statistic

A metric derived from data in a sample during a hypothesis testing process, employed to decide if the null hypothesis should be discarded.

Proportions

Ratios indicating the fractional part of a whole that have specific characteristics.