The auditors join client stock take at the year end and see whether the way that they count is in the correct procedures or not. This procedure is an example of: * O Observation O Inquiry Inspection of tangible assets Inspection of records and documents

The auditors join client stock take at the year end and see whether the way that they count is in the correct procedures or not. This procedure is an example of: * O Observation O Inquiry Inspection of tangible assets Inspection of records and documents

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The auditors join client stock take at
the year end and see whether the way
that they count is in the correct
procedures or not. This procedure is an
example of: *
Observation
Inquiry
Inspection of tangible assets
O Inspection of records and documents

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