ABC Ltd. is undergoing an audit, and the auditors are evaluating the reliability of different types of audit evidence. External evidence is…
CA Intermediate · Auditing and Ethics · PYQS · May 2025
ABC Ltd. is undergoing an audit, and the auditors are evaluating the reliability of different types of audit evidence. External evidence is generally considered to be more reliable than internal evidence. The following is NOT an example of internal evidence:
Suggested Answer and Working Notes:
Correct Answer: Option (B)
(B) Purchase invoice
Topics: Audit Evidence
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