Which shows the correct ranking of audit evidence from most persuasive to least persuasive? (a) (i) Bank

Question:

Which shows the correct ranking of audit evidence from most persuasive to least persuasive?
(a)

(i) Bank statement,

(ii) management representation letter,

(iii) client prepared bank reconciliation,
(iv) solicitor’s representation letter
(b)

(i) Bank statement,

(ii) solicitor’s representation letter,

(iii) client prepared bank reconciliation,
(iv) management representation letter
(c)

(i) Management representation letter,

(ii) solicitor’s representation letter,

(iii) client prepared
bank reconciliation,

(iv) bank statement
(d)

(i) Solicitor’s representation letter,

(ii) management representation letter,

(iii) client prepared bank reconciliation,

(iv) bank statement

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Auditing A Practical Approach

ISBN: 9780730364573

3rd Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton

Question Posted: