Final answer:
When the auditor uses the audit procedure vouching, she is primarily concerned with the audit objective of `occurrence` when testing classes of transactions.
The answer is option ⇒A) occurrence
Step-by-step explanation:
Vouching is an auditing procedure where the auditor selects a sample of transactions and traces them back to the supporting documents, such as invoices, receipts, or contracts. The purpose of vouching is to verify that the recorded transactions actually occurred and that they are properly supported by evidence.
The audit objective of occurrence focuses on ensuring that the transactions recorded in the financial statements actually took place. By vouching, the auditor aims to gather evidence that supports the occurrence of these transactions.
To illustrate this:
Let's say the auditor is examining the sales transactions of a company. She selects a sample of sales invoices and traces them back to the corresponding sales orders, shipping documents, and customer payments. By doing so, she is vouching for the occurrence of these sales transactions.
In summary, when the auditor uses vouching as an audit procedure to test classes of transactions, her primary concern is the audit objective of occurrence. The purpose is to verify that the transactions recorded in the financial statements actually happened and are supported by appropriate evidence.
The answer is option ⇒A) occurrence