Which Type of Audit Evidence Can the Auditor Use in Support

question 88

Multiple Choice

Which type of audit evidence can the auditor use in support of the existence of inventory audit objective?

• A) Direct confirmation with vendor
• B) Examine invoice from vendor
• C) Physical examination
• D) Examine title for ownership of asset

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Definitions:

Project Manager

A professional responsible for planning, executing, and finalizing projects according to deadlines and within budget.

Deviations

Instances of diverging from a standard, norm, or expected pattern.

Implementation Time

The period required to put a plan, project, or policy into effect.

Returns

The profits or benefits gained from an investment or venture.