e audis team of Tes Partners, the external auditors of the sera o Con on iv. Marcus decided to serform & stock count and arranged with the company to implement the kar the year He was concerned about the cossibility that there were significant stock that were obsolete. He also decided to review the procedures the, were used by the ompany to wotect the stocks p i discussions and observations, he made the following Summary in his xudis nates: a company has im namented several controls. The store span was kept loc.ces except during the lunch hour when the storeman left the goor e ser, but let; a tray for Ligers aq Jisitions to be placed. Production personnel could collect their own stock. This ensured vid Jestn processes were not de.zyea. equisitions required at least two signatures before the storeman would release any goor hese signatures could be any owo personne, because the con sany believed this would edlice the possibility of droit and world require nollusion. Any deliveries the in pil renewed irvorto sero taken directly from the delivery van are places on the she vos. no compary regular y encer nock levels against the Lodger records, nut in the interest of productivity improvements this task een removed from the schedule of were the end of the additure summary of findings he concluded that there were materia items of stac includes in the invertory that were obsole ve y Wrex central wea cress aid. Mand a com' es rosa during the course of te auditi fb Marcus was concerned about divolete socks. What procedures sous te have followed in cemrining tua ele simul (What, du fons said the auditor ace bases or tris findings?