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    Auditing and Assurance Services Study Set 5
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    Exam 9: Substantive Tests of Transactions and Balances
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    An Auditor Would Be Most Likely to Learn of Slow-Moving
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An Auditor Would Be Most Likely to Learn of Slow-Moving

Question 71

Question 71

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:

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