When the auditor uses supporting evidence for amounts posted to account balances with documentary evidence, that process is called a. physical examination. b. confirmation. c. inspection d. inquiry.
When the auditor uses supporting evidence for amounts posted to account balances with documentary evidence, that process is called a. physical examination. b. confirmation. c. inspection d. inquiry.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 22CYBK
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Question
When the auditor uses supporting evidence for amounts posted to account balances with documentary evidence, that process is called
a.
physical examination.
b.
confirmation.
c.
inspection
d.
inquiry.
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