If a Client Intends to Count Inventory at an Interim

question 108

Multiple Choice

If a client intends to count inventory at an interim date, the auditor should expect there to be all of the following except

• A) controls over the preparation and maintenance of perpetual inventory records.
• B) competent personnel assigned to count the inventory.
• C) third-party inventory counting specialists.
• D) an adequately designed plan to count the inventory.

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