There are seven types of audit evidence: physical examination, confirmation, documentation

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There are seven types of audit evidence: physical examination, confirmation, documentation, observation, inquiries of the client, reperformance, and analytical procedures. For each of the following types of audit tests, indicate the type(s) of evidence that can be obtained through the test: (1) tests of controls, (2) substantive tests of transactions, (3) analytical procedures, and (4) tests of details of balances.


Answer:
1. Tests of controls. Documentation, observation, inquiries of the client, reperformance.
2. Substantive tests of transactions. Documentation, inquiries of the client, reperformance.
3. Analytical procedures. Inquiries of the client, analytical procedures.
4. Tests of details of balances. Physical examination, confirmation, documentation, inquiries of the client, reperformance.

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