6. For each of the following choose the type of evidence from the prior question

Question

6. For each of the following choose the type of evidence from the prior question that best describes it. (7 pts) Receiving a management representation letter b. a. Confirmation of the accounts receivable balance received directly from a vendor Auditor recounted part of the inventory d. c. Cash receipts journal e. Invoice from vendor client purchased merchandise from f. In response to an inquiry from the auditor, management's assurance that none of the inventory is 8. h. obsolete The monthly bank statement from the bank A bank confirmation sent by the bank to the auditor

Explanation / Answer

a)pervasive evidence

b)conclusive evidence

c)sampling evidence

d)vouching of cash receipts

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