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Gathering sufficient and appropriate evidence is one of the three standards of fieldwork. Evaluate the...

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Accounting

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Gathering sufficient and appropriate evidence is one of the three standards of fieldwork. Evaluate the following types of evidence for meeting the standard: A Evidence may take any of these forms. B. Original receipts of delivered goods. C Interview responses to the auditor from employees of the company being audited, OD. Field observations made by an auditor. O E Externally sourced communications such as a lease agreement. Question 3 2 points Save Answer During an audit, the auditor must be concerned about the reliability of the audit evidence. Compare the following types of evidence and choose the most reliable: A. Externally verifiable B. None of the above OcOnly verbal evidence D. Mostly from an internal source E. Review of an internal control procedure

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