When the auditor uses the audit procedure vouching she is primarily concerned with which of the following audit objectives when testing classes of transactions?
A)Occurrence
B)Completeness
C)Authorization
D)Classification

Question

Quizplus · Accepted Answer

Vouching is a procedure where the auditor selects transactions and looks for supporting documents to verify that the transaction actually occurred. Therefore, the primary audit objective that the auditor is concerned with when vouching is occurrence - whether the transactions that have occurred actually took place. The other audit objectives (completeness, authorization, and classification) are not directly related to vouching.

When the Auditor Uses the Audit Procedure Vouching She Is