Which one of the following is an appropriate evidence for-00168
Which one of the following is an appropriate evidence for verifying the existence of inventory?
This multiple choice question (MCQ) is related to the book/course vu acc311 Fundamentals of Auditing. It can also be found in vu acc311 Mid Term - Quiz No.5.
Which one of the following is an appropriate evidence for verifying the existence of inventory?
Checking valuation of that inventory
Identifying the slow-moving inventory
Obtaining a letter of representation from the management of the entity about it
Observing the counting of inventory