When an auditor asks management how it makes sure the reconciliation is prepared correctly and on a timely basis, this is an example of _______.
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A. inquiry |
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B. interrogation |
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C. audit scanning techniques |
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D. professional skepticism |
OPTION A: Enquiry
EXPLANATION:
Inquiry is an important audit procedure which is used to get information directly from the management.
When an auditor asks management how it makes sure the reconciliation is prepared correctly and on...
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