Which One of the Following Procedures Would Not Be Appropriate

question 50

Multiple Choice

Which one of the following procedures would not be appropriate for the auditors in discharging their responsibilities concerning the client's physical inventories?

• A)Confirmation of goods in the hands of public warehouses.
• B)Supervising the taking of the annual physical inventory.
• C)Carrying out physical inventory procedures at an interim date.
• D)Obtaining written representation from the client as to the existence,quality,and dollar amount of the inventory.

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Definitions:

Game Played

An activity engaged in for diversion or amusement which has rules and objectives, can refer to both physical and digital games.

Payoffs

The returns or gains received from a particular action or investment; in game theory, it refers to the outcomes achievable by different strategies.

Clean Common Space

A concept referring to the maintenance and preservation of shared environmental areas in a clean and unpolluted state for communal benefit.

Payoffs

The returns or gains received from a particular action or investment, typically used in the context of games or economic theory.