An auditor examines all documents related to the acquisition,repair history,and disposal of a firm's delivery van.This is an example of collecting audit evidence by
A)confirmation.
B)reperformance.
C)vouching.
D)analytical review.

Question

Quizplus · Accepted Answer

Vouching involves selecting a sample of transactions or documents and tracing them back to the original source to ensure their accuracy and validity. In this case, the auditor is examining documents related to the delivery van, which is an example of vouching. Confirmation involves obtaining direct written or oral communication from a third party to verify certain information, reperformance involves repeating procedures that were performed by the client, and analytical review involves comparing financial information to identify any unusual or unexpected items. These procedures are not relevant to the examination of documents related to the delivery van.

An Auditor Examines All Documents Related to the Acquisition,repair History,and