Which of the Following Procedures Will Usually Be Performed by the Auditor

question 85

Multiple Choice

Which of the following procedures will usually be performed by the auditor to determine if obsolete inventory exists?

• A)Confirmation of inventory with customers.
• B)Footing the inventory subsidiary ledger.
• C)Tracing inventory ordered by the client to receiving reports.
• D)Analysis of inventory turnover and sales reports.

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Definitions:

Basilar Membranes

A key structural element within the cochlea of the inner ear, it plays a crucial role in the mechanical to neural transduction of sound.

Frequency Theory

A theory in the field of psychology, explaining how the rate of nerve impulses traveling up the auditory nerve matches the frequency of a tone, allowing us to sense its pitch.

Place Theory

The theory of hearing that holds that each individual pitch a person hears is determined by the particular location along the basilar membrane of the cochlea that vibrates the most.

Volley Principle

A theory in hearing that suggests groups of auditory neurons respond to a sound by firing action potentials slightly out of phase with each other, allowing for the perception of sounds up to 5000 Hz.