Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 151

A review of accounts receivable turnover represents which of the following manual audit procedures?

Answer options

• A. Confirmation.
• B. Reperformance.
• C. Trend analysis.
• D. Ratio analysis.

Correct answer: B

Explanation

The correct answer is B, Reperformance, as it involves verifying the calculations and processes used to determine the accounts receivable turnover. The other options, such as Confirmation, are more about obtaining direct verification from third parties, while Trend analysis and Ratio analysis focus on observing patterns and relationships rather than directly checking the computations.