Which of the following would be the most reliable source of documentary evidence?

The correct answer is A. Confirmation letters. Confirmation letters are generally considered the most reliable source of documentary evidence because they involve direct verification of information with an independent third party. This type of evidence is less prone to bias or manipulation compared to internal documents…

Conducting the Internal Audit Engagement

Question

Options

AConfirmation letters.
BRemittance advices.
CPolicy statements.
DCanceled checks.

How the community answered

(55 responses)

A
89% (49)
B
4% (2)
C
5% (3)
D
2% (1)

Explanation

Confirmation letters are generally considered the most reliable source of documentary evidence because they involve direct verification of information with an independent third party. This type of evidence is less prone to bias or manipulation compared to internal documents like policy statements or remittance advices.

Topics

#audit evidence#documentary evidence#evidence reliability#confirmation letters

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