To Gain Assurance That All Inventory Items in a Client's

question 2

Multiple Choice

To gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would trace

• A)inventory tags noted during the auditor's observation to items in the inventory listing schedule.
• B)inventory tags noted during the auditor's observation to items listed in receiving reports and vendors' invoices.
• C)items in the inventory listing schedule to inventory tags and the auditor's recorded count sheets.
• D)items in receiving reports and vendors' invoices to the inventory listing schedule.

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Definitions:

Stylus Temperature Control

A feature in some devices that allows the user to adjust the temperature of a stylus, commonly used in digital drawing or soldering tools.

ECG Tracing

ECG Tracing is the visual output or record produced by an electrocardiogram, which tracks the electrical activity of the heart over time.

Thinner Line

A concept or physical attribute representing a finer or less thick boundary, demarcation, or division between two entities.

Stylus

A tool or device designed for writing, drawing, or inputting commands on a touchscreen or similar surface.