Evidence comes in various types and has different degrees of reliability. Following are some statements that compare various types of evidence.
A bank confirmation versus observation of the segregation of duties between cash receipts and recording payment in the accounts receivable
subsidiary ledger.
A bank statement included in the client%u2019s records versus shipping documents.
Physical inspection of common stock certificates held for investment versus physical examination of inventory components for a personal
computer.
For each situation indicate whether the first or second type of evidence is more reliable. Provide a rationale for your choice.