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npeelman npeelman
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6 years ago
Which one of the following analytical procedures would be most helpful in alerting the auditor to the possibility of obsolete inventory? Comparing
A) gross margin percentage with previous years.
B) unit costs of inventory with previous years.
C) inventory turnover with previous years.
D) current year manufacturing costs with previous years.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

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


Edition: 12th
Authors:
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charleshardtcharleshardt
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6 years ago
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npeelman Author
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#2
5 years ago
Thanks DUDE
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