QUESTION 1 Match the Audit Techniques to the description below to its corresponding procedure. Use each only once. 1. Observation I 2. Recalculation 3. Vouching 4. Scanning 5. Tracing 6. Enquiry 7. Analysis 8. Confirmation Re-computing the auditee's calculation of depreciation expense The Auditor uses audit software to select vendors' accounts payable with debit balances The Auditor selects a sample of accounts payable from the accounts payable sub-ledger and compares amounts to cheque stubs An Auditor watches the auditee take a count of the physical inventory The Auditor obtained the auditee's lawyer's letter The Auditor gathered verbal evidence to complete an Internal Control Questionnaire The Auditor compared insurance coverage to assets owned and leased The Auditor selected a sample of cash receipts and compared them to the appropriate customer's account, in the accounts receivable subledger For the toolbar, press ALT+F10 (PC) or ALT+FN+F19 (Mas)