An auditor manually calculates accumulated depreciation on a delivery van and compares her calculation with the accounting records.The auditor is performing
A)vouching.
B)confirmation.
C)reperformance.
D)analytical review.

Question

Quizplus · Accepted Answer

The auditor manually calculating accumulated depreciation on a delivery van and comparing it with the accounting records is an example of reperformance. Reperformance involves independently executing procedures or controls that were originally performed as part of the client's internal control or accounting system.

An Auditor Manually Calculates Accumulated Depreciation on a Delivery Van