If the client maintains perpetual stock records and performs cyclical counts of stock rather than one major stock-take at the end of the year, what should the auditor do?

(a) Suggest to the client that it performs a full year-end stock count.

(b) Observe several of the cyclical counts — and not request a full stock-take if there is evidence of adequate procedures.

(c) Attend all of the cyclical stock-takes and ensure that they have been performed correctly — using the same procedures as are used for the normal year-end stock-take.

(d) Perform only his or her own full stock-take at year-end.

Choose the best answer.