Which of the following is false regarding types of evidence? a. Recalculation involves rechecking a samle of calculations made by the client. b. Documents can be classified as internal or external. c. Analytical procedures are useful in evaluating going concern. d. Electronic confirmations are not allowed.

Question

Social Studies

Isaias Ellison

7 October, 21:12

Which of the following is false regarding types of evidence? a. Recalculation involves rechecking a samle of calculations made by the client. b. Documents can be classified as internal or external. c. Analytical procedures are useful in evaluating going concern. d. Electronic confirmations are not allowed.

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Answers (1)

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Zachery Mcintyre · Answer 1

D. Electronic confirmations are not allowed.

Explanation:

In recent years, Electronic confirmation actually can be used as Financial Evidence.

For example, many companies these days use electronic signature as a legal contract if they wanted to create an agreement with freelancers who do not live in close proximity as the company.

Not only that, emails and Electronic bill can also used to proof the existence of transactions between two or more parties.