Current Attempt in Progress Which two of the following are examples of the inquiry technique in tests of controls? $($Select all that apply.$)$

The auditor asks the employee who prepares the bank reconciliation how reconciling items are identified.

The auditor inspects initials and dates on bank reconciliation.

The auditor observes the preparation of the bank reconciliation.

The auditor asks management how it makes sure the reconciliation is prepared correctly and on a timely basis.

Jarvis, an audit partner assigned to the engagement of Jackson LLC$,$ is interested in assigning a team to audit the client's software

controls. Jarvis has convened a meeting to discuss ideas to accomplish this with his audit team. Which of the following choices

correctly represent audit evidence that Jarvis would wish to obtain as a result of this testing? $($Select all that apply.$)$

Evidence that no unauthorized changes have been made to the client's IT systems.

Evidence that the client's system of IT internal controls correctly identified any exceptions and forwarded them to the

appropriate authority.

Evidence that the internal audit function is conducting the appropriate level of substantive testing on IT internal controls to

ensure its operating effectiveness.

Evidence that the appropriate staff are following up on system exception notifications, and are doing so in a timely manner.