As Part of the Conduct of a Review Engagement,which of the Following

question 30

Multiple Choice

As part of the conduct of a review engagement,which of the following procedures would be appropriate for assessing the ending value of inventory?

• A)discussion with management with respect to the costing method used
• B)observation of the inventory count
• C)observation of the warehouse,paying particular attention to dusty and damaged goods
• D)confirmation with customers that are holding consignment inventory with respect to quantity and condition of the inventory

---

Definitions:

Facial Recognition

A technology capable of identifying or verifying a person from a digital image or a video frame.

Computer Vision

The ability of information systems to identify objects, scenes, and activities in images.

Speech Recognition

The ability of information systems to automatically and accurately transcribe human speech.

Computer Transcription

The process of using software to automatically convert spoken language into written text, often utilized for generating transcripts of audio or video recordings.