IIA-CIA-PART2 · Question #330
Which of the following best describes the manual audit procedure known as vouching?
The correct answer is A. Testing the validity of information by following it backward to a previously prepared record. Vouching is a manual audit procedure where the auditor tests the validity of transactions or records by tracing them backward from the final records to the original source documents. This technique helps verify the authenticity and accuracy of the entries in the accounting…
Question
Which of the following best describes the manual audit procedure known as vouching?
Options
- ATesting the validity of information by following it backward to a previously prepared record
- BTesting the accuracy of the control by reperforming the task or process required
- CSoliciting and obtaining written verification of the accuracy from an independent third party
- DTesting the completeness of information forward from a record to a subsequently prepared
How the community answered
(25 responses)- A88% (22)
- B8% (2)
- D4% (1)
Explanation
Vouching is a manual audit procedure where the auditor tests the validity of transactions or records by tracing them backward from the final records to the original source documents. This technique helps verify the authenticity and accuracy of the entries in the accounting records by ensuring that each entry is supported by proper documentation. For example, an auditor might start from an entry in the general ledger and trace it back to the original invoice or receipt to ensure its validity.
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