Q.9. When evaluating inventory controls, an auditor would be least likely toMultiple ChoiceOOOInspect documents.Observe procedures.Consider policy and procedure manuals.Make inquiries.

The external auditor forms an opinion on the financial statement that financial states are free from…

Answered: When evaluating inventory controls, an…

When evaluating inventory controls, an auditor would be least likely to Multiple Choice O O O O Inspect documents. Observe procedures. Consider policy and procedure manuals. Make inquiries.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle

Section: Chapter Questions

Problem 31RQSC

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Q.9.

When evaluating inventory controls, an auditor would be least likely to
Multiple Choice
O
O
O
Inspect documents.
Observe procedures.
Consider policy and procedure manuals.
Make inquiries.

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When evaluating inventory controls, an auditor would be least likely toa. Inspect documents.b. Make inquiries.c. Observe procedures.d. Consider policy and procedure manuals
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