Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. chose the correct answer :the auditor made an inde

Chose the correct answer :The auditor made an independent computation of the depreciationexpense reported...Chose...

90.2K

Verified Solution

Question

Accounting

Chose the correct answer :
The auditor made an independent computation of the depreciationexpense reported in the client's financial statements the procedureperformed by the auditor is:
A. Vouching
B. re-calculation
C. Tracing
D. Inspection of documents



Answer & Explanation Solved by verified expert
3.7 Ratings (562 Votes)
Option B Recalculation is the correct answer Explanation A Vouching Vouching is refers to examining documentary evidence to ascertain the authenticity of entries in the books of accounts In other words it is an inspection by the auditor of evidence supporting the    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In: AccountingChose the correct answer :The auditor made an independent computation of the depreciationexpense reported...Chose the correct answer :The auditor made an independent computation of the depreciationexpense reported in the client's financial statements the procedureperformed by the auditor is:A. VouchingB. re-calculationC. TracingD. Inspection of documents

Other questions asked by students

Q

Which statement is not correct about internal force? Select one: a. Internal forces describe the stress and strain...

Civil Engineering
Q

1. Show that if ?1 and ?2 are different eigenvalues of A and u1 and u2...

Advance Math
Q

A mass m on the surface of the Earth is shifted to a target equal...

Physics
Q

The radii of circular paths of two particles of same mass are in ratio 3...

Physics
Q

12 8 If sine and cose 0 find sec 0 13 A 13 6 B...

Calculus
Q

Factor each completely 11 3m 21m 4m 28 13 18x 6x 3x 1 15 28k...

Algebra
Q

Please answer ALL QUESTIONS Which of the following represents...

Accounting
Q

Biltmore Corporation uses the weighted-average process costing method. During the month of April the direct...

Accounting
Q

A particular computing company finds that its weekly profit, in dollars, from the production and...

Accounting
Q

1. A recent Gallup study reported that firms with top engagement scores had _____ higher...

Accounting
Q

MC Qu. 24 (LO8-5) Allied Partners filed suit against... Allied Partners filed suit...

Accounting
Q

Details: This trip will depart at 6:00 p.m. on Friday after dinner and return at...

Accounting