The Auditor Is Determining Which Specific Inventory Items Should Be

question 61

Multiple Choice

The auditor is determining which specific inventory items should be selected for pricing tests.The auditor has selected a representative sample,and those items that have a large dollar amount.In addition,the auditor should select those items that

• A)are prone to breakage or theft.
• B)have wide fluctuations in price.
• C)are stored in multiple locations.
• D)are likely to have been miscounted during the inventory count.

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Definitions:

Impression Management

The effort to control or influence the perceptions of others about a person, object, or event.

Machiavellianism

A personality trait centered around manipulativeness, callousness, and a strategic approach to interpersonal relationships, often with a lack of ethical consideration.

Organizational Settings

Refers to the work environment and conditions under which an organization operates, including its policies, procedures, and culture.

Power

The ability of an individual or group to influence outcomes, control resources, or direct the behavior of others.