a) For each of the audit tests below, state the specific type of evidence used to support assertions made about the financial statements . Write downs the number and the type of evidence next to the number only.

b) Out of the evidences identified indicate 1 ( one) type of evidence that will be deemed the most reliable form and one that will be deemed least reliable form of evidence

Independent scenarios

1) Count the petty cash to make sure the amount of petty cash is intact.

2) Review the accounts receivables with the credit manager to evaluate their collectability

3) Question operating personnel about the possibility of obsolete inventory items

4) Review the total of repairs and maintenance for each month to determine whether any months total was unusually large.

5) Obtain a written statement from a bank stating the client has $8,000on deposit and a long term loan of $20,000.