Which of the following audit procedures most likely would provide an auditor the most assurance about the effectiveness of the operation of an entity's internal control?
A) Confirmation with outside parties.
B) Inquiry of client personnel.
C) Successful reperformance of the control activity.
D) Observation of client personnel.

Question

Quizplus · Accepted Answer

Successful reperformance of a control activity involves the auditor testing and executing the same control activity that the entity uses to prevent, detect or correct a misstatement. This provides the auditor with direct evidence about the effectiveness of the control, and is therefore the procedure that would provide the auditor with the most assurance. The other procedures listed (confirmation with outside parties, inquiry of client personnel, observation of client personnel) provide less direct evidence about the effectiveness of internal controls.

Which of the Following Audit Procedures Most Likely Would Provide