After Accounting for a Sequence of Inventory Tags,an Auditor Traces

question 57

Multiple Choice

After accounting for a sequence of inventory tags,an auditor traces a sample of tags to the physical inventory listing to obtain evidence that all items:

• A)Included in the listing have been counted.
• B)Represented by inventory tags are included in the listing.
• C)Included in the listing are represented by inventory tags.
• D)Represented by inventory tags are bonafide.

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Definitions:

Minority

A group of people differentiated from the social majority, often based on ethnicity, race, sexuality, or other characteristics, and may be subject to differential treatment.

Titular Ethnic Group

Denotes the ethnic group after which a certain territory, country, or region is named, often holding a symbolic or historical significance in that area.

Soviet Union

A socialist state in Eurasia that existed from 1922 to 1991, consisting of multiple republics, and was the largest country in the world.

Minority Ethnic

An ethnic group that constitutes a smaller percentage of the total population and is often differentiated by language, culture, or race.