Footing,cross-footing,and tests of extensions are examples of which approach to gathering evidence?
A)Reprocessing.
B)Recalculation.
C)Vouching.
D)Examination of documentation.

Question

Quizplus · Accepted Answer

Footing and cross-footing involve adding up column totals and verifying they match with the total of the row, which falls under recalculation procedures. Tests of extensions involve verifying that the amounts in each row are correctly multiplied by the appropriate factor, which also falls under recalculation procedures. Vouching involves tracing transactions from the original source documents to the financial statements and examination of documentation involves reviewing supporting documents to ensure they are complete and accurate.

Footing,cross-Footing,and Tests of Extensions Are Examples of Which Approach to Gathering