Solved

Match the Correct Word or Phrase from A-H

Question 78

Matching

match the correct word or phrase from A-H.

Premises:
Proceeding forward through the accounting and control system from the evidence to the financial statements.
Audit of details of transactions and balances.
Audit procedure that provides compelling evidence of existence.
Documentation prepared by independent parties and sent to the client.
A list of audit procedures.
Direct correspondence with independent parties.
Responses:
External-internal evidence
Vouching
Substantive procedures
Inspection of tangible assets
Confirmation
Tracing
Audit plan
Inquiry

Correct Answer:

External-internal evidence
Vouching
Substantive procedures
Inspection of tangible assets
Confirmation
Tracing
Audit plan
Inquiry
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