An entity maintains perpetual stock records in both quantities and value. If the assessed level of control risk is high, an auditor would probably:

(a) insist that the entity performs physical counts of stock several times during the year.

(b) apply gross profit tests to ascertain the reasonableness of the physical counts.

(c) increase the extent of tests of control over stock records.

(d) request the entity to schedule the stock-take at the end of the year.

Choose the best answer.