When the Auditor Develops Supporting Evidence for Amounts Posted to Account

question 15

Multiple Choice

When the auditor develops 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:

Analyze Thoughts

The mental process of breaking down complex ideas into simpler components for assessment, often employed in various forms of therapy to understand and manage an individual's cognitive patterns.

Hypothetical Situations

Scenarios or conditions that are imagined for the purpose of discussion, analysis, or experimentation, often used to explore possibilities or outcomes.

Diary

A personal record, often kept regularly, of one’s experiences, thoughts, and feelings.

Self-Talk

The act of mentally speaking to oneself, which can influence one's feelings and behaviors.