Multiple Choice
Which of the following management assertions is NOT relevant to inventory?
A) Existence or occurrence.
B) Completeness.
C) Rights and obligations.
D) Reporting.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q16: The cash account is not part of
Q22: The auditor may test a manufacturing client's
Q29: In an audit where there is a
Q55: The major accounts in the acquisition and
Q61: Legal expenses are reviewed by auditors for
Q65: Which of the following procedures would the
Q78: An individual outside of the purchasing department
Q80: Accounting for inventories is a major consideration
Q86: The inventory of Brown Company is distributed
Q93: When a purchasing agent benefits personally by