Multiple Choice
The auditor recounts the client's inventory count to:
A) ensure that none is lost or intentionally omitted (completeness) .
B) ensure that inventory is counted accurately (accuracy)
C) obtain proper cutoff information for sales and acquisitions (cutoff) .
D) confirm that inventory as recorded on tags exists (existence) .
Correct Answer:

Verified
Correct Answer:
Verified
Q19: Discuss each of the four business functions
Q29: Once the auditor has determined the company's
Q32: Test results of which other cycle/s, in
Q35: Cost accounting controls are divided into which
Q39: When the client's physical inventory takes place
Q48: Discuss the key documents used in the
Q62: Identify the analytical procedures for the payroll
Q89: Discuss each of the four business functions
Q118: Most companies first recognise the liability related
Q130: Failure to record the acquisition of goods