An auditor asking the employee who prepares the bank reconciliation how reconciling items are identified would be an example of _______.
A)observation
B)reperformance
C)inquiry
D)statistical testing

Question

Quizplus · Accepted Answer

Inquiry is the process of asking questions of knowledgeable people within the entity or outside the entity. In this case, the auditor is asking the employee who prepares the bank reconciliation about how reconciling items are identified.

An Auditor Asking the Employee Who Prepares the Bank Reconciliation