Below are 12 audit procedures. Classify each procedure according to the following types of audit evidence:
-Watch client employees count inventory to determine whether company procedures are being followed.
A) physical examination
B) observation
C) confirmation
D) inspection
E) analytical procedures
F) inquiry of the client
G) recalculation
H) reperformance

Question

Quizplus · Accepted Answer

Observation is the audit evidence obtained by watching a process or procedure being performed by others, in this case, watching client employees count inventory to ensure adherence to company procedures.

Below Are 12 Audit Procedures