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Author Question: Which one of the following substantive analytical procedures would be most useful in alerting the ... (Read 19 times)

lingual

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on: Aug 21, 2022
Which one of the following substantive analytical procedures would be most useful in alerting the auditor to the possibility of obsolete inventory?
◦ Compare gross margin percentage with that of previous years.
◦ Compare unit costs of inventory with previous years.
◦ Compare inventory turnover ratio with previous years.
◦ Compare current year manufacturing costs with previous years.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by lingual on Aug 21, 2022

Mynameisrandom

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lingual

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

bigcheese9

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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