While observing a client's annual physical inventory, an auditor recorded test counts for several items and noticed
Question:
While observing a client's annual physical inventory, an auditor recorded test counts for several items and noticed that certain test counts were higher than the recorded quantities in the client's perpetual records. This situation could be the result of the client's failure to record
a. Purchase discounts.
b. Purchase returns.
c. Sales.
d. Sales returns.
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Related Book For 
Auditing An Assertions Approach
ISBN: 9780471134213
7th Edition
Authors: G. William Glezen, Donald H. Taylor
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