Question 20 A statement received by an auditor directly from a clients customer or vendor...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Question 20
A statement received by an auditor directly from a clients customer or vendor would generally be considered more reliable than the clients documentation about the related transactions primarily because
Group of answer choices a) the source is assumed to be more independent than is the client.
b) it is assumed that the customer or vendor has adequate internal controls.
c) it is assumed that the clients documents are not valid.
d) it is assumed that the customer or vendor has more integrity than does the client.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
