Kelly and Jessica were discussing when evidence is more persuasive for balance sheet accounts

1. Kelly said that evidence was more persuasive when it is obtained from various time periods throughout the client's year.

2. Jessica said that evidence was more persuasive when it is obtained from the time period when transactions in that account were most numerous during the fiscal period.

a.

Only statement 1 is true

b.

Only statement 2 is true

c.

Both statements 1 and 2 are true

d.

Neither statements 1 or 2 are true