Multiple Choice
An auditor would be most likely to learn of slow-moving inventory through:
A) review of the cash payments journal.
B) enquiry of sales personnel.
C) review of perpetual inventory records.
D) physical observation of inventory.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q66: Tests designed to detect purchases made just
Q67: When evaluating the risk of material misstatement
Q68: Auditors often make use of computer programs
Q69: The auditor is least likely to use
Q70: Tracing from a sample of remittance advices
Q72: Which of the following procedures would best
Q73: Which of the following explanations might satisfy
Q74: In auditing accounts receivable the negative form
Q75: The auditor is most likely to verify
Q76: The auditor will most likely perform extensive