Which type of documentary evidence gathered by an organization's internal auditors has the highest level of reliability?
Which type of documentary evidence gathered by an organization's internal auditors has the highest level of reliability?
The highest level of reliability in documentary evidence usually comes from external and independently obtained documents. Bank statements are provided by a financial institution and are considered to carry a high level of reliability due to their independent source. Therefore, bank statements would be the most reliable type of documentary evidence gathered by an organization's internal auditors.
because the inventory test count performed by the internal auditor.
why not the bank statements?
Very strange. Agreed