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1. Indicate the primary form of audit evidence for this procedure: Examine fixed assets included on a list of fixed asset additions. Group of answer

1.

Indicate the primary form of audit evidence for this procedure:

Examine fixed assets included on a list of fixed asset additions.

Group of answer choices

Physical examination

Confirmation

Inspection

Observation

Inquiries of client

Recalculation

Reperformance

Analytical procedures

2.

Indicate the primary form of audit evidence for this procedure:

Examine bank statement obtained from client to verify that bank balance agrees with the client's bank reconciliation.

Group of answer choices

Physical examination

Confirmation

Inspection

Observation

Inquiries of client

Recalculation

Reperformance

Analytical procedures

3.

Indicate the primary audit objective satisfied by this audit procedure:

Vouch purchases included in the acquisitions journal to receiving reports to verify that the goods were received.

Group of answer choices

Occurrence

Detail tie-in

Timing

Posting and summarization

Existence

Completeness - balances

Cutoff

Completeness - transactions

Realizable value

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