- View Policies Current Attempt in Progress Jenna is working on the audit of a client's accounts receivable. During the last few weeks, she has conductedinterviews with the accounts receivable manager, the CFO and staff working in the accounts receivabledepartment She has also overseen the external confirmations of accounts receivable, 70 percentof which required the recipient to respond as to whether or not the amount stated was correct. Jenna alsoconducted a review of subsequent cash receipts from the client's customers. She vouched a sample ofaccounts receivable balances back to the underlying invoices, cash receipts, and sales returns, and traceda sample of these documents to the accounts receivable ledger Which of the following statements accurately describe the evidence collected and its persuasiveness? 1 External confirmations provide evidence regarding existence. External confirmations provide the most persuasive type of evidence. Documentary evidence provides more persuasive evidence than external confirmation. Documentary evidence provides evidence regarding existence when vouching the sample of accounts receivable balances back to the supporting documentation L Documentary evidence provides evidence regarding completeness when vouching the sample of accounts receivable balances back to the supporting documentation Verbal evidence provides less persuasive evidence than documentary evidence. Verbal evidence gathered when the auditor asks about how bad debts are identified provides evidence regarding accuracy, valuation and allocation