Independent Internal Verification of the Physical Inventory Process Occurs When

question 122

Multiple Choice

Independent internal verification of the physical inventory process occurs when

• A) the employee is required to count all items twice for sake of verification.
• B) the items counted are compared to the inventory account balance.
• C) a second employee counts the inventory and compares the result to the count made by the first employee.
• D) all prenumbered inventory tags are accounted for.