Question: Auditing standards require auditors attend the physical Inventory count when 0 a. The inventory is material to the nancial statements. 0 b. The inventoryI islmmaterialto

Auditing standards require auditors attend the
Auditing standards require auditors attend the physical Inventory count when 0 a. The inventory is material to the nancial statements. 0 b. The inventoryI islmmaterialto the financial statements. c. Requested byauditees' management. 0 U. The physical OOUI'II is done at year end. whether or not the amount Of inventory is material. Clear my choice An auditor conducts a search for unrecorded liabilities by examining client reconciliations of suppliers' statements to Accounts Payable control account and payments from the bank accounts made for a period after yearend. This provides evidence for which audit assertion? O a. Completeness ID b. Valuation. O c. Presentation 0 d. Ownership. Clear my choice An auditor analyzes theamortization expense for overall reasonableness with reference to cost of assets and average depreciation rates. This provides evidence for which audit assertion? O a. Presentation 0 b. Completeness. O c. Valuation. O a. Ownership. The control objecu've to be confirmed by selecting a sample of inventory items from the perpetual records and vouching additions to receiving reports is: O a. Completeness O b. Existence 0 c. Authorization. 0 d. Validity

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