When Considering the Relationships Between Types of Audit Tests and Evidence,which

question 17

Multiple Choice

When considering the relationships between types of audit tests and evidence,which of the following procedures is used only for tests of details of balances?

• A)inspection
• B)recalculation
• C)reperformance
• D)external confirmation

---

Definitions:

Nonprofits Exempt

Organizations that are exempt from paying federal income taxes due to their charitable, educational, or religious missions as defined by Section 501(c)(3) of the IRS code.

Best Practices

Methods or techniques that have been recognized as the most effective and efficient in achieving desired outcomes and are used as benchmarks.

Advocacy

Activities aimed at influencing public policy and resource allocation decisions within political, economic, and social systems and institutions.

Public Policy

The principles, often unwritten, on which social laws are based; it guides decisions and actions of the government.