The most reliable procedure for an auditor to use to test the existence of a client's inventory at an outside location would be to: Observe physical counts of the inventory items.
<h3>
Which of the following audit procedures is best to perform to determine that company legally owns inventories?</h3>
To best ascertain that a company has properly included merchandise that it owns in its ending inventory, the auditors should review and test the: Purchase cutoff procedures. Purchase cutoff procedures should be designed to test whether all inventory Owned by the company was recorded.
Observe merchandise and raw materials during the client's physical inventory taking.
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Partnerships that one person takes responsibility and the rest of the partners provide only money is called a limited partnership.
Answer:
A.Income statement
Explanation:
The income statement of a institution or business that shows the expenses, costs and the incomes during a certain period of time, it is often done quarterly or annually in order to present the tax declaration, it is also known as "profits and loss statement" because it shows exactly if the business had profits or lost money during that period of time.
Answer:
age
Explanation:
Based on this information it can be said that in this scenario the segmentation plan used by Vans relies heavily on age segmentation. This is when the company focuses on certain age groups to target within the population. Which in this scenario the Vans company is targeting strictly individuals between the ages 24 and 39 which are referred to as Generation Y.
C. Monitoring use of workplace resources for personal gain
