Compare all types of evidence

Assignment Help Cost Accounting

Reference no: EM135595

Evidence comes in several types and has different degrees of reliability.

Subsequent are some statements that compare several types of evidence.

a. A bank confirmation versus observation of the segregation of duties between cash receipts and recording payment in the accounts receivable subsidiary ledger.

b. An auditor's re-calculation of depreciation versus inspection of raw material requisitions.

c. A bank statement added in the client's records versus shipping documents.

d. Physical inspection of common stock certificates held for investment against physical examination of inventory components for a personal computer.

Required:

For every situation, show whether the first or second type of evidence is more reliable. Give a rationale for your choice.

Reference no: EM135595

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