The auditor must verify whether the physical counts were correctly summarised, the inventory quantities and prices were correctly extended and the extended inventory was correctly footed. These tests are called:
A) compilation tests.
B) price tests.
C) cost tests.
D) mechanical tests.

Question

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The Answer of The auditor must verify whether the physical counts were correctly summarised, the inventory quantities and prices were correctly extended and the extended inventory was correctly footed. These tests are called:
A) compilation tests.
B) price tests.
C) cost tests.
D) mechanical tests.

The Auditor Must Verify Whether the Physical Counts Were Correctly