You Are a New Staff Auditor and You Are Auditing

question 32

Essay

You are a new staff auditor and you are auditing a company's inventory account. Briefly describe one way you might obtain direct evidence and one way you might obtain indirect evidence that the inventory account balance is fairly stated.

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Definitions:

Running

A form of terrestrial locomotion allowing humans and other animals to move rapidly on foot.

Throwing

The action of propelling something through the air with force, typically by a swift arm movement.

Dancing

A form of expression involving purposeful, rhythmic movements often performed to music.

ADHD

Attention-Deficit/Hyperactivity Disorder is a neurodevelopmental disorder characterized by patterns of inattention and/or hyperactive-impulsive behavior that interfere with functioning or development.