An Auditor Would Be Most Likely to Learn of Slow-Moving

question 84

Multiple Choice

An auditor would be most likely to learn of slow-moving inventory through:

• A) review of the cash payments journal.
• B) inquiry of sales personnel.
• C) review of perpetual inventory records.
• D) physical observation of inventory.

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Definitions:

Major Depression

A mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.

Sleep Abnormalities

Disorders or irregularities in sleep patterns, including issues such as insomnia, sleep apnea, and narcolepsy.

Genetic Basis

The underlying genetic contribution to a trait, behavior, or disorder, determined by genes inherited from one's parents.

Type I Alcoholism

A subtype of alcoholism that is characterized by late onset, often associated with environmental factors rather than genetics.