When labour is a material factor in inventory valuation, the auditor should place special emphasis on testing the internal controls concerning:
A) proper classification of transactions.
B) authorisation of wage rates.
C) fictitious employees.
D) completeness of recorded transactions.

Question

Quizplus · Accepted Answer

The Answer of When labour is a material factor in inventory valuation, the auditor should place special emphasis on testing the internal controls concerning:
A) proper classification of transactions.
B) authorisation of wage rates.
C) fictitious employees.
D) completeness of recorded transactions.

When Labour Is a Material Factor in Inventory Valuation, the Auditor