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

Question

Quizplus · Accepted Answer

Vouching is the process of examining documentary evidence to support the existence or occurrence of a transaction. In this instance, the auditor is examining documents related to the acquisition, repair history, and disposal of the delivery van, which constitutes vouching. Confirmation is a process whereby external parties are contacted to obtain information that is investigated by the auditor. Reperformance involves carrying out control procedures to confirm whether they have been functioning effectively as intended. Analytical review involves examining relationships between various items in financial statements to identify any unusual variances. None of these processes are applicable in this scenario.

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