Auditors Should Not Review the Client's Planning of the Physical

question 44

True/False

Auditors should not review the client's planning of the physical inventory.

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Definitions:

Translocation

The movement of organic materials (dissolved food) in the phloem of a plant. Chromosome abnormality in which part of one chromosome has become attached to another. Part of the elongation cycle of protein synthesis in which a transfer RNA attached to the growing polypeptide chain is transferred from the A site to the P site.

Ribosome

Cellular organelles that synthesize proteins by translating mRNA sequences.

tRNA

Transfer RNA, a type of RNA molecule that helps decode a messenger RNA (mRNA) sequence into a protein during the process of translation.

Polyribosome

A complex consisting of a number of ribosomes attached to an mRNA during translation; also known as a polysome.