Which of the following audit procedures most likely would provide an auditor with 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 re-performance of the control activity.
D)Observation of client personnel.

Question

Quizplus · Accepted Answer

Successful re-performance of the control activity involves the auditor independently executing the control activity to ensure that it functions effectively. This provides the highest level of assurance that the internal control is operating effectively. Confirmation with outside parties and observation of client personnel may provide some assurance, but not as much as re-performance. Inquiry of client personnel may be helpful in identifying potential control weaknesses, but is not a test of the effectiveness of the control.

Which of the Following Audit Procedures Most Likely Would Provide