The audit procedure re-performance always simultaneously provides evidence about both internal control effectiveness and monetary correctness.

Question

Quizplus · Accepted Answer

Re-performance of a transaction or control provides evidence about both the effectiveness of internal control and monetary correctness. By redoing a transaction or control, the auditor can test both whether the control is working as intended and whether the transaction was processed accurately.

The Audit Procedure Re-Performance Always Simultaneously Provides Evidence About Both