Which of the Following Audit Procedures Would Provide the Least

question 60

Multiple Choice

Which of the following audit procedures would provide the least reliable evidence that the entity has legal title to inventories?

• A) Confirmation of inventories at locations outside the entity's facilities.
• B) Analytical review of inventory balances compared to purchasing and sales activities.
• C) Observation of physical inventory counts.
• D) Examination of paid vendors' invoices.

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