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Author Question: When auditing inventory cost accounting, the auditor is concerned with all of the followingexceptfor (Read 58 times)

Ethanolson3

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Question 1

To ensure proper segregation of duties, who should maintain the perpetual inventory master files?
◦ production personnel
◦ inventory storeroom personnel
◦ inventory receiving personnel
◦ accounting department personnel

Question 2

When auditing inventory cost accounting, the auditor is concerned with all of the following except for
◦ net realizable value.
◦ unit cost records.
◦ physical controls over inventory.
◦ documents and records for transferring inventory.


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Marked as best answer by Ethanolson3 on Aug 21, 2022

koswald

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Ethanolson3

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Reply 2 on: Aug 21, 2022
Wow, this really help


mammy1697

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Reply 3 on: Yesterday
Excellent

 

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