The auditors for Electron Limited are in the process of finalising the audit of the sales and collections cycle for the year ending 30/6/21. The auditors have assessed the internal controls and identified all inherent risks applicable to the audit of the sales and collections cycle. The auditors have collected samples of sales orders and sales invoices and established the information contained in the source documents are correct and have tested whether the source documents have been recorded correctly in the journals and subsequently posted to the general and subsidiary ledgers. The auditors have also ensured that the disclosures associated with the sales and collections cycle comply with the requirements from the Australian Accounting Standards (AASBs).

Briefly explain in your own words whether the auditors have collected sufficient appropriate evidence to verify the reliability of the information relating to the sales and collections cycle.