IIA
IIA-CFSA · Question #485
Audit objectives that apply to one sales portion are all EXCEPT:
The correct answer is B. Ensure that inventory is being accurately market to market on a continuing basis. See the full explanation below for the reasoning.
Question
Audit objectives that apply to one sales portion are all EXCEPT:
Options
- AEnsure that daily activity of each salesman is reviewed by head salesman
- BEnsure that inventory is being accurately market to market on a continuing basis
- CEnsure customer markups are reasonable relative to NASD
- DNone of these
How the community answered
(28 responses)- A18% (5)
- B71% (20)
- C4% (1)
- D7% (2)
Community Discussion
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