Which of the Following Procedures Would Be Most Appropriate for Testing

question 13

Multiple Choice

Which of the following procedures would be most appropriate for testing the completeness assertion as it applies to inventory?

• A)Scanning perpetual inventory,production,and purchasing records.
• B)Examining paid vendor invoices.
• C)Tracing inventory items from the tag listing back to the physical inventory quantities.
• D)Performing cutoff procedures for shipping and receiving.