Explain briefly the procedures the auditor may use to test the specific audit objectives: (i) Does the
Question:
Explain briefly the procedures the auditor may use to test the specific audit objectives:
(i) Does the inventory exist?
(ii) Is the inventory owned by the client?
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i Testing the Existence of the Inventory The primary approach to test the existence of inventory is through physical inventory observation Following a...View the full answer
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Related Book For
Principles Of External Auditing
ISBN: 9780470974452
4th Edition
Authors: Brenda Porter, Jon Simon, David Hatherly
Question Posted:
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