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Merlin891 Merlin891
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When a client uses perpetual inventory records, the tests of details of balances for inventory can be significantly reduced if the auditor believes the records are accurate. The controls over the acquisitions included in the records are normally tested as a part of the

▸ tests of controls for acquisitions.

▸ tests of controls and substantive tests of transactions for acquisitions.

▸ tests of details of balances for acquisitions.

▸ analytical procedures and tests of controls for acquisitions.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


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PWT82PWT82
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This calls for a celebration Person Raising Both Hands in Celebration
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Good timing, thanks!
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