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 43 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
Great answer, keep it coming :)

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Client position when assessing jugular vein distention. Client position when assessing jugular vein distention.
A client is having an endoscopy performed by a physician who views the upper gastrointestinal intern A client is having an endoscopy performed by a physician who views the upper gastrointestinal intern
A physician is performing a colonoscopy on a client and viewing the internal structures of the colon A physician is performing a colonoscopy on a client and viewing the internal structures of the colon
Example of simplified note for one-time client. Example of simplified note for one-time client.
Use face cradle covers to prevent the client’s skin from touching the face cradle upholstery. Use face cradle covers to prevent the client’s skin from touching the face cradle upholstery.
Position the client Position the client
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library