There are several procedures internal auditors use to gather evidence. Please answer each of the following parts:

A. What do internal auditors mean when they say they need to gather "evidence"?

B. A particular audit involves the determination of whether manufacturing employees are stealing small items of equipment such as drills and drillbits, wrenches, screwdrivers, powersockets, etc. What procedures might the auditors use to determine whether these activities are in fact occurring? Explain

C. Explain what is meant by "vouching" and give an example for how it might be used.

D. What are "analytical procedures" and why are they useful for evaluating financial statements for anomalies?