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During discussion and inquiry with management, the auditor determined that the company has started a ...

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During discussion and inquiry with management, the auditor determined that the company has started a ...

During discussion and inquiry with management, the auditor determined that the company has started a new line of business, requiring a substantial investment in manufacturing equipment. The company has also implemented wireless scanning for its warehouse and inventory. Which of the following techniques will the auditor likely use to corroborate these statements?
A) further inquiry of the accounting personnel
B) inspection of recent sales invoices for types of sales
C) use of analytical procedures, comparing last year to this year
D) observation during the plant tour

Textbook

Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Edition: 12^th

Authors: Arens, Elder, Beasley, Splettstoesser

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inthe80s

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eFishie Author

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Good timing, thanks!

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Helped a lot

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