An important procedure for the conduct of a physical inventory count is to maintain control over the
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An important procedure for the conduct of a physical inventory count is to maintain control over the count records. The following is not a common count system:
(a) use of pre-printed inventory count sheets.
(b) use of blank inventory tags.
(c) use of blank, pre-numbered inventory count sheets.
(d) use of pre-numbered three-part inventory tags.
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Related Book For
Auditing A Practical Approach
ISBN: 9781118878415
1st Extended Canadian Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
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