An Auditor Examines Documents Related to the Acquisition and Disposal

question 92

Multiple Choice

An auditor examines documents related to the acquisition and disposal of a firm's delivery van and manually calculates accumulated depreciation for comparison with accounting records.This is an example collecting audit evidence by

• A)confirmation.
• B)reperformance.
• C)vouching.
• D)analytical review.

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Definitions:

Acceptable Name

An alternative name for a chemical compound that is recognized in scientific literature aside from its systematic or IUPAC name.

Compound

A material created by the chemical combination of two or more elements bonded together.

Name

A term or set of terms by which a particular concept or object is identified.

Compound

A compound consisting of two or more elements combined in a precise ratio through chemical bonds.