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 47 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
Wow, this really help

epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

A nurse shows empathy to a client. A nurse shows empathy to a client.
B, The nurse teaches the postoperative client to use an incentive spirometer to expand the lungs. B, The nurse teaches the postoperative client to use an incentive spirometer to expand the lungs.
To increase pressure using body weight, lean on your client. To increase pressure using body weight, lean on your 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.
Testing the Achilles tendon reflex with client in a sitting position Testing the Achilles tendon reflex with client in a sitting position
The client is positioned for the examination The client is positioned for the examination
Video: Requirements for nervous signals

For a complete list of videos, visit our video library