Question: Part 3 Audit Working Papers (25 points) Indicate and briefly discuss any deficiencies in the working paper shown below. List each point separately, i.e. use

Part 3 Audit Working Papers (25 points) Indicate and briefly discuss any deficiencies in the working paper shown below. List each point separately, i.e. use "asterisks". Emilyanne Company Inventory Schedule Item Total Quantity Unit Cost 555 (A) 6.29 1,126 5.55 Cost Dinosaurs 3,490.95 Dragons (X) 6, 249.30 Pink Purples 4,708.62 Robins 3,099.54 Chickadees 7,918.40 14.14 333 226 (A) 9.29 28.28 280 ---- 2,520 28,466.81 ===== This analysis is to provide some information about inventory. Explanatory legend A. Observed in warehouse and then noted on inventory count sheet during physical inventory. f. Footed

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