Which Type of Audit Evidence Can the Auditor Use in Support

question 104

Multiple Choice

Which type of audit evidence can the auditor use in support of the 'existence of inventory' audit objective?

• A) direct confirmation with vendor
• B) physical examination
• C) examine title for ownership of asset
• D) examine invoice from vendor

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Definitions:

Psychoactive Substance

A chemical substance that changes brain function and results in alterations in perception, mood, or consciousness.

Cough Suppressants

Medications or substances used to control or reduce the urge to cough, helping alleviate the symptoms of various respiratory conditions.

Prescription Drugs

Medications that can only be obtained with a written order from a healthcare provider, typically because of potential side effects or risks.

Crystal Meth

A highly addictive, crystalline drug that stimulates the central nervous system, producing effects such as increased energy and euphoria.