To test the COMPLETENESS of property, plant, and equipment (PP&E) as of the balance sheet date, the auditor randomly selected additions from the (PP&E) subsidiary ledger and agreed to vendor invoices and other supporting documentations (i.e., legal documents, title documents, etc.). The auditors sample covers approximately 90% of the PP&E balance. The extent of testing is consistent with the auditors risk assessment and materiality judgments. The auditor agreed all sampled amounts to proper supporting documents with no exceptions.

For the above scenario, evaluate whether the evidence gathered by the auditor is persuasive (i.e., low, moderate, or high) audit evidence. (make sure to evaluate and discuss the sufficiency, reliability, and relevance criteria for evaluating the persuasiveness of audit evidence. )