IIA
IIA-CFSA · Question #486
IIA-CFSA Question #486: Real Exam Question with Answer & Explanation
The correct answer is C. Verify the accuracy and reporting (inventory reports, fail reports, again reports and profit and loss. See the full explanation below for the reasoning.
Question
Which of the following is not an audit objective of a commodity department?
Options
- AAll customer accounts are opened and maintained in accordance with the rules and regulations
- BAdequate control exist to ensure the accuracy and propriety of information contained in regulatory
- CVerify the accuracy and reporting (inventory reports, fail reports, again reports and profit and loss
- DNone of these
Community Discussion
No community discussion yet for this question.