Question: 1
Ordinarily, what source of information should most affect the internal auditor's conclusions?
Question: 2
An internal auditor's objective is to determine the cause of inventory shortages shown by the physical inventories taken by an independent service organization that used some engagement client personnel. The internal auditor addresses this objective by reviewing the count sheets, inventory printouts, and memos from the last inventory. The source of information and the sufficiency of this information are
Question: 3
During an investigation of unexplained inventory shrinkage, an internal auditor is testing inventory additions as recorded in the perpetual inventory records. Because of internal control weaknesses, the information recorded or receiving reports may not be reliable. Under these circumstances, which of the following documents provides the best information about additions to inventory?
Question: 4
In engagement planning, internal auditors should review all relevant information. Which of the following sources of information would most likely help identify suspected violations of environmental regulations?
Question: 5
The most conclusive information to support supplier account balances is obtained by
