[sadkins415]

I know the answer to a for each one but can't figure out b and c. Please any help you can provide will be greatly appreciated. THis is due tomorrow. Thanks!

7-36 (Classification and Reliability of Audit Evidence) Following are examples of documentation
Typically obtained by auditors.
Required
For each example:
a. Classify the documentation as internal or external evidence.
b. Classify the documentation as to its relative reliability (high, moderate, or low).
c. Identify an account balance and assertion for which the auditor might use the
Documentation.

Documentary Evidence Used in an Audit
1. Vendor invoices
2. Vendor monthly statements
3. Sales invoices
4. Shipping documents for sales
5. Bank statements
6. Employee payroll time cards
7. Receiving reports for goods received from vendors
8. Sales contracts
9. Purchase commitment contracts
10. Lease agreements
11. Estimated warranty schedules
12. Purchase order stored on client computer and received by EDI
13. Credit rating reports
14. Vendor invoice stored on client computer and received by EDI