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      Question

      Which of the following provides the most reliable audit

      evidence?
      A Oral representation by management Correct Answer Incorrect Answer
      B External confirmation from debtors Correct Answer Incorrect Answer
      C Internal memo from staff Correct Answer Incorrect Answer
      D Analytical review Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Audit evidence is most reliable when obtained from independent external sources. Confirmations from debtors are highly reliable.

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