When the Auditor Uses Supporting Evidence for Amounts Posted to Account

question 125

Multiple Choice

When the auditor uses supporting evidence for amounts posted to account balances with documentary evidence, that process is called

• A) inquiry.
• B) confirmation.
• C) vouching.
• D) physical examination.

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Definitions:

Major Tasks

Principal or significant duties and responsibilities that are essential to the proper execution of a job or project.

Working Smarter

Strategies or approaches that enhance productivity not just through hard work but by optimizing efficiency, creativity, and prioritization of tasks.

Procrastination

The act of delaying or postponing tasks, decisions, or actions, often leading to stress, anxiety, and reduced productivity.

Same Amount

The equal quantity or degree in two or more entities.