A common audit procedure that involves watching a process or procedure being carried out by client personnel or another party is known as ________.
A)inspection
B)observation
C)recalculation
D)reperformance

Question

Quizplus · Accepted Answer

The audit procedure that involves watching a process or procedure being carried out by client personnel or another party is known as observation. Inspection involves looking at physical assets or documents, recalculation involves checking numerical calculations, and reperformance involves redoing procedures that were originally done by the client.

A Common Audit Procedure That Involves Watching a Process or Procedure