Question: The following situations present the auditor with alternative sources of evidence regarding a particular assertion.for each situation number1-3 identify the assertion auditor is most likely testing with both procedures and indicate which of two sources present the most persuasive evidence and why.

1.a request vendor statements at year-end for all significant vendors from which the client made purchase during the year.

b. reviews all payment made to vendors and suppliers after year-end to determine if they were properly recorded as accounts payable.

Management assertion:

Most persuasive and why:

2.a.confirm a year-end bank balance with the clients banking institution.

b. review the clients year-end bank statement

Management assertion:

Most persuasive and why:

3. a. confirm with outside warehouse the inventory that is being held there.

b. physically observes the clients count of existing inventory.

Management assertion:

Most persuasive and why: