Question
Once the inventory count observation is complete, which of the following steps should not be performed? Ensure that all variances noted have been documented and
Once the inventory count observation is complete, which of the following steps should not be performed?
Ensure that all variances noted have been documented and explained
Perform a follow-up visit to management to answer any questions regarding the count.
Agree the count results to the final inventory listing after count adjustments.
Send email to ICA that audit documentation is complete
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
