You Are Auditing Manufacturing Company and Testing the Audit Related

question 119

Multiple Choice

You are auditing Manufacturing Company and testing the audit related objective of completeness for the equipment accounts. Which of the following audit procedures is most likely to achieve your objective?

• A) Examine vendor invoices and receiving reports.
• B) Physically examine assets.
• C) Examine vendor invoices of closely related accounts such as repairs and maintenance.
• D) Trace individual acquisitions to the fixed asset master file.

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Definitions:

Conclusion

The final part of something, typically a process or reasoning, where an inference or decision is made based on the information presented.

Strongest Support

The most compelling or persuasive evidence or arguments in favor of a particular claim or position.

Conclusion

The end or finish of an event, process, or text; in logic, a statement reached by reasoning.

Coward

An individual who lacks courage or is excessively afraid of potential harm or risks.