Question: Evaluating data reliability is a critical part of the audit process. Explain the differences among the following in terms of reliability: Data from internal versus
Evaluating data reliability is a critical part of the audit process. Explain the differences among the following in terms of reliability:
- Data from internal versus external sources.
- Written data versus verbal conversation records.
- Data obtained from direct versus indirect methods.
- Data obtained from original documents versus electronic scans.
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