Cost accounting controls are those related to the physical ...

[moore.cailinf]

Question 1

Auditors usually test cost accounting records as part of the
◦ acquisition tests.
◦ payroll tests.
◦ sales tests.
◦ All of these are correct.

Question 2

Cost accounting controls are those related to the physical inventory and the consequent costs from the point at which
◦ materials are ordered for purchase until the finished product is sold.
◦ the customer's order is received until the finished product is shipped.
◦ raw materials are requisitioned until the finished product is sent to storage.
◦ raw materials are requisitioned until the finished product is completely manufactured.

[khammond77]

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[moore.cailinf]

Thanks for the timely response, appreciate it

[coreycathey]

Wow, this really help