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QUESTION
Evaluating data reliability is a critical part of the audit process. Explain the differences among the following in terms of reliability: Data from internal vs. external sourcesWritten data vs. verbal
Evaluating data reliability is a critical part of the audit process. Explain the differences among the following in terms of reliability:
- Data from internal vs. external sources
- Written data vs. verbal conversation records
- Data obtained from direct vs. indirect methods
- Data obtained from original documents versus electronic scans
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