Below are 12 audit procedures. Classify each procedure according to the following types of audit evidence:
-Examine a piece of equipment to make sure a recent purchase of equipment was actually received and is in operation.
A) physical examination
B) observation
C) confirmation
D) inspection
E) analytical procedures
F) inquiry of the client
G) recalculation
H) reperformance

Question

Quizplus · Accepted Answer

Physical examination involves the auditor's direct inspection or count of a tangible asset, which in this case is examining a piece of equipment to verify its existence and operational status.

Below Are 12 Audit Procedures