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:

Pap Test

A screening procedure for cervical cancer involving the collection of cells from the cervix to look for abnormalities that may be indicative of cancer or precancerous conditions.

Pelvic Exam

A physical examination of the female pelvic organs by a healthcare professional to check for abnormalities.

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Medical tests used to detect hidden (occult) blood in the stool, an indicator of possible gastrointestinal bleeding.

Otoscope

A medical instrument designed for examining the ear canal and eardrum.