Which of the following is a procedure that requests a direct written response to the auditor from a third party?
A)Inquiry.
B)Confirmation.
C)Inspection.
D)Observation.

Question

Quizplus · Accepted Answer

Confirmation is a procedure in which the auditor obtains a direct written response from a third party (such as a customer or vendor) to corroborate information related to the financial statements. Inquiries involve obtaining information from management or others within the entity, inspection involves examining records or documents, and observation involves observing a process or activity.

Which of the Following Is a Procedure That Requests a Direct