For Each of the Audit Procedures Listed Below Select the Type

question 86

Multiple Choice

For each of the audit procedures listed below select the type of audit procedure,if any,that the auditor performed.A type of audit procedure may be selected once or not at all.
-During the physical inventory count,the auditor requested that certain containers of inventory items be opened to ensure they were not empty.

• A)Inspection of tangible assets
• B)Observation
• C)Recalculation
• D)Inquiry
• E)Inspection of records or documents
• F)Reperformance
• G)Analytical procedures

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Definitions:

Reference Checks

The process of contacting a job applicant's previous employers, colleagues, or other contacts to gain insights into their employment history, qualifications, and character.

Equal Employment Opportunity

A principle that asserts all individuals should have the same chance for employment regardless of race, gender, age, or other non-merit factors.

Assessment Center

An evaluation method involving a series of tests, exercises, and simulations to assess the suitability or development needs of individuals.

Management Potential

Refers to an individual's capability or aptitude to become effective in leadership roles within an organization.