For each of the following two scenarios, evaluate the evidence gathered in light of its persuasiveness to the cited assertion. Recall that the persuasiveness of evidence is evaluated on multiple dimensions (relevance, reliability, and sufficiency); therefore, you should (1) consider multiple dimensions of persuasiveness in your answer and discuss at least two (including the one that leads to your decision as to whether the evidence is or is not persuasive) [2 points for each dimension]. Be sure to explain why you think the evidence is or is not persuasive [2 points]. Type your answer in the text box provided.

a. In attempting to accomplish the completeness assertion for Accounts Receivable, the auditor sent positive balance included confirmation requests to 150 different customers listed as owing the company money. All 150 customers returned the requests to the auditor and verified that the respective amounts recorded by the client were correct. The confirmation of these customers represents 85% of the total Accounts Receivable balance.

b. In attempting to accomplish the rights and obligations assertion (think of rights as in ownership) for Equipment, the auditor physically examined every piece of equipment that the client had recorded in its ledger. The auditor saw that every piece of equipment was present.