Of the following, which is the least persuasive type of audit evidence?
Correct answer: C. Carbon copies of sales invoices inspected by the auditor
- A. Bank statements obtained from the client
- B. Documents obtained by auditor from third parties directly.
- C. Carbon copies of sales invoices inspected by the auditor
- D. Computations made by the auditor
Explanation
Carbon copies of sales invoices are internally generated documents and therefore provide weaker evidence than direct third-party documents or the auditor’s own computations. Bank statements are also stronger evidence because they originate externally, even if received through the client.
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About Auditing
Auditing examines accounting records and financial statements to determine whether they present a reliable and fairly stated position. The subject covers audit objectives, internal controls, audit evidence, materiality, vouching, verification, working papers, auditor independence, audit reports, and the distinction between an audit and accounting or investigation.
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