This topic contains a solution. Click here to go to the answer

Author Question: Which one of the following substantive analytical procedures would be most useful in alerting the ... (Read 53 times)

lingual

  • Full Member
  • ***
  • Posts: 145
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lingual on Aug 21, 2022

Mynameisrandom

  • Full Member
  • ***
  • Posts: 178
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.
Answer Preview
Only 39% of students answer this correctly




lingual

  • Member
  • Posts: 145
Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it


amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

For a complete list of videos, visit our video library