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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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