An Auditor Who Wished to Test for the Existence or Occurrence

question 59

Multiple Choice

An auditor who wished to test for the existence or occurrence of inventory would most likely select a sample of inventory items from the perpetual records and

• A)Trace additions to the general ledger.
• B)Vouch additions to receiving reports.
• C)Vouch additions to sales invoices.
• D)Trace receipts to receiving reports.

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Definitions:

Cheerfulness

The quality or state of being noticeably happy and optimistic.

Stanley Milgram

A psychologist known for his groundbreaking research on obedience to authority, including the famous Milgram experiment.

Inhumane Acts

Actions or treatments that are cruel, lacking kindness and compassion, often causing physical or psychological harm.

Stanley Milgram

A psychologist known for his research on obedience, demonstrating how people are willing to follow orders from an authority figure, even to the extent of causing harm to others.