An internal auditor is gathering evidence for an organization's internal audit engagement and requests a sample of vendor invoices from the organization. Which of the following is true regarding the reliability of this evidence?
I think it's only medium reliability since it's an external-internal type of evidence, meaning it was sent by vendor to the client (external) and then processed by client for payments (internal). An evidence will be considered as highly reliable if it was directly obtained by the auditor (i.e. through observation/external confirmations).
It doesnot have high reliability because IA team has only selected its sample; it cannot be low because invoices are external information. Hence, medium reliability is beeter option.
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