The Auditor Should Perform All of the Following Procedures Related

question 92

Multiple Choice

The auditor should perform all of the following procedures related to the physical inventory count except

• A)Document the first and last tag numbers used
• B)Take notations of all items that appear to be obsolete or are in questionable condition
• C)Make counts of all items and record the counts for subsequent tracing into the client's inventory compilation
• D)Observe whether there is any physical movement of goods during the counting of the inventory

---

Definitions:

Marketing Exchange

The act of obtaining a desired product from someone by offering something in return, underlying the basic concept of transactions in marketing.

Autism Awareness

Efforts aimed at increasing knowledge and understanding about Autism Spectrum Disorder (ASD) among the general public.

Feeling of Satisfaction

A consumer's positive emotional reaction after purchasing and using a product or service, often leading to repeat purchases and loyalty.

Logistics

The detailed coordination of a complex operation involving many people, facilities, or supplies.