Question: When the auditor attends an inventory count as a part of the inspection procedure, the auditor is required to: (a) Evaluate managements instructions and procedures
When the auditor attends an inventory count as a part of the inspection procedure, the auditor is required to:
(a) Evaluate management’s instructions and procedures for recording and controlling the results of the entity’s physical inventory counting
(b) Observe the performance of management’s count procedures
(c) Inspect the inventory
(d) Perform test counts
(e) Inquire about the choice of the inventory method selected by the management
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