This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a client intends to count inventory at an interim date, the auditor should expect there to be all ... (Read 38 times)

knemetz3

  • Full Member
  • ***
  • Posts: 149
on: Aug 21, 2022

Question 1

From which of the following evidence-gathering audit procedures would an auditor obtain most assurance concerning the existence of inventories?
◦ observation of physical inventory counts
◦ written inventory representations from management
◦ confirmation of inventories in a public warehouse
◦ auditor's recomputation of inventory extensions

Question 2

If a client intends to count inventory at an interim date, the auditor should expect there to be all of the following except
◦ controls over the preparation and maintenance of perpetual inventory records.
◦ competent personnel assigned to count the inventory.
◦ third-party inventory counting specialists.
◦ an adequately designed plan to count the inventory.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by knemetz3 on Aug 21, 2022

mamboz

  • Full Member
  • Posts: 170
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.
Answer Preview
Only 56% of students answer this correctly


knemetz3

  • Member
  • Posts: 149
Reply 2 on: Aug 21, 2022
:D TYSM

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Establishing a caring and trusting relationship helps the client come to terms with a terminal illne Establishing a caring and trusting relationship helps the client come to terms with a terminal illne
The surgical nurse assists the client into the correct position The surgical nurse assists the client into the correct position
(a) The relative age ranges of different dating techniques depend upon the half-life of the system u (a) The relative age ranges of different dating techniques depend upon the half-life of the system u
Three-count stroking of the trapezius. Three-count stroking of the trapezius.
Survey and posture of client: Lateral view Survey and posture of client: Lateral view
Positioning of client Positioning of client
Video: Stimulus (introduction)

For a complete list of videos, visit our video library