The Audit Team Asks the Client to Pull a Sample

Multiple Choice

The audit team asks the client to pull a sample of vendor files and examines the invoices supporting the purchases of inventory items during the year.What is the most probable reason for the use of this evidence?

A) Confirmation of vendors supplying inventory for existence.
B) Analytical procedures to determine completeness of inventory.
C) Testing for the valuation of inventory using the FIFO cost flow assumption.
D) Reading the terms of the arrangements with vendors for disclosure.