To Be Considered Reliable Evidence, Confirmations Must Be Controlled By

question 20

Multiple Choice

To be considered reliable evidence, confirmations must be controlled by:

• A) a client employee responsible for accounts receivable.
• B) a financial statement auditor.
• C) a client's internal audit department.
• D) a client's controller or CFO.

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Definitions:

Interindividual Variability

Differences or variations in traits, behaviors, or responses among individuals within a population.

Self-correcting Nature

The inherent ability of a system or process to adjust and correct itself without external intervention.

Social Psychology

A scientific field that studies how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Prior Research

Previous studies, experiments, or scholarly work conducted on a subject that forms the basis for further inquiry or investigation.