The auditor testing the effectiveness of manual follow-up to see whether items put on an exception report were appropriately cleared is an example of _______.
A)reperformance
B)observation
C)inquiry
D)inspection of physical evidence

Question

Quizplus · Accepted Answer

Reperformance involves the auditor independently executing procedures or controls that were originally performed as part of the entity's internal control. In this case, the auditor is reperforming the follow-up process to verify if exceptions were appropriately cleared, which aligns with the definition of reperformance.

The Auditor Testing the Effectiveness of Manual Follow-Up to See