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Author Question: You are gathering evidence for the audit objective that existing inventory items are included in the ... (Read 46 times)

ahunt13

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on: Aug 21, 2022
You are gathering evidence for the audit objective that existing inventory items are included in the inventory listing schedule. The audit procedure that would provide you with the best evidence to confirm this objective is
◦ trace from inventory tags to the inventory listing schedule and make sure the inventory on the tags is included.
◦ trace the inventory totals to the general ledger.
◦ perform tests of lower-of-cost-or-market.
◦ account for unused tags shown in the auditor's documentation to make sure no tags have been added.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by ahunt13 on Aug 21, 2022

ludadtpb

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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.
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ahunt13

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

bitingbit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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