menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing Study Set 1
  4. Exam
    Exam 6: A Framework for Audit Evidence
  5. Question
    The Auditor Multiplies the Quantity of Inventory on the Inventory
Solved

The Auditor Multiplies the Quantity of Inventory on the Inventory

Question 63

Question 63

True/False

The auditor multiplies the quantity of inventory on the inventory ledger by the cost of the inventory to arrive at total inventory balance per product number.This is an example of recomputation by footing.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Which one of the following would be

Q11: When the auditor used the audit procedure

Q13: Audit procedures.<br>Discuss how each of the following

Q21: The primary importance of the audit program

Q33: Appropriateness of evidence is a measure of

Q65: Documentation that is produced electronically by the

Q81: Audit procedures Businesses often have litigation

Q86: Which one of the following is the

Q90: Liabilities and expenses are most often tested

Q93: Footing,cross-footing,and tests of extensions are examples of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines