Which of the Following Is an Example of the Type

question 91

Multiple Choice

Which of the following is an example of the type of analytics that an auditor would use for inventory?

• A) Number of day's sales in receivables compared to industry averages.
• B) Inventory turnover for the previous five years.
• C) Days outstanding in accounts payable.
• D) Salaries of marketing personnel as a percent of total inventory.

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Definitions:

Nonscientific Belief

A belief system or opinion that is not based on the scientific method or empirical evidence, often found in cultural, religious, or personal beliefs.

Universal Gravitation

The law of physics that states that every particle attracts every other particle in the universe with a force that is direct between the masses and inversely proportional to the square of the distance between their centers.

Newton

Refers to Sir Isaac Newton, an English physicist, mathematician, and astronomer who is widely recognized as one of the most influential scientists of all time, especially for formulating the laws of motion and universal gravitation.

Transcended Gender

A term referring to the concept of moving beyond traditional societal, cultural, or biological definitions of gender.