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Which of the Following Statements Is Correct

Question 3

Multiple Choice

Which of the following statements is correct?


A) A specific type of evidence is sufficient by itself to provide reliable evidence to satisfy any audit objective.
B) Since the auditor performs the analytical procedures, these will be competent evidence even if internal controls provide inaccurate data.
C) The effectiveness of the client's internal control has a significant effect on the competence of most types of evidence.
D) Both physical examination and mechanical accuracy are likely to be highly reliable if the internal control structure is ineffective.

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