Solved: Performing analytical procedures-types of evidence, Accounting Basics

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Performing analytical procedures-types of evidence

Problem:

If the best evidence an auditor can collect is only that meets the criteria of coming from a highly independent source, being highly objective, highly competent, highly reliable, etc., why would an auditor collect anything other than evidence that meets all of that criteria? In other words, why would the auditor collect documentation, perform analytical procedures or make inquiries of the client if those types of evidence are considered "low" in terms of the criteria it is supposed to meet?

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Accounting Basics: Performing analytical procedures-types of evidence

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