Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
npeelman npeelman
wrote...
Go to Answer
Posts: 667
Rep: 0 0
6 years ago
A common inventory observation procedure is to record in the working papers for subsequent follow-up the last shipping document number used at year-end. The audit objective being achieved by this procedure is
A) inventory as recorded exists.
B) existing inventory is counted and tagged.
C) information is obtained to make sure sales and inventory purchases are recorded in the proper period.
D) tags are accounted for to make sure none is missing.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

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


Edition: 12th
Authors:
Read 48 times
1 Reply
Replies
Answer verified by a subject expert
charleshardtcharleshardt
wrote...
#1
Posts: 448
Rep: 6 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

npeelman Author
wrote...

6 years ago
Thank you, thank you, thank you!
DAGINC
wrote...

Yesterday
Brilliant ツ
Katey_maree
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1234 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 310
  
 333
  
 1731
Your Opinion
Previous poll results: Who will win the 2024 president election?