Question
An auditor has been assigned the Inventory section of an audit. The inventory balance is material. What audit procedure would most likely be selected to
An auditor has been assigned the Inventory section of an audit. The inventory balance is material. What audit procedure would most likely be selected to address the existence assertion over the inventory balances?
a. Inquiry
b. Analytical Procedures
c. Reperformance
d. Physical Examination
An auditor has been assigned the Inventory section of an audit. The inventory balance is material. What audit procedure would most likely be selected to address the existence assertion over the inventory balances?
| a. | Inquiry | |
| b. | Analytical Procedures | |
| c. | Reperformance | |
| d. | Physical Examination |
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solution B A large part of the work involved in the performance of an audit cons...
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Auditing a business risk appraoch
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
6th Edition
9780324645095, 324645090, 978-0324375589
