Question: Each multiple choice is worth two (2) marks with one mark for the correct answer and one mark for the explanation for your answer. Explanations

Each multiple choice is worth two (2) marks with one mark

Each multiple choice is worth two (2) marks with one mark for the correct answer and one mark for the explanation for your answer. Explanations must include Auditing standard references to get full marks. Multiple Choice Question One (2 Marks) Which shows the correct ranking of audit evidence from the most persuasive to the least persuasive? a) (i) Bank statement, (ii) management representation letter, (iii) client prepared bank reconciliation, (iv) lawyer's representation letter b) (i) Bank statement, (ii) lawyer's representation letter, (iii) client prepared bank reconciliation, (iv) management representation letter c) (i) Management representation letter, (ii) lawyer's representation letter, (iii) client prepared bank reconciliation, (iv) bank statement d) (i) Lawyer's representation letter, (ii) management representation letter, (iii) client prepared bank reconciliation, (iv) bank statement

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