Which of the following is not an aspect of concern when auditing the cost accounting system?
A) Unit cost records.
B) Physical controls over inventory.
C) Safeguarding the raw materials from point of receipt to the storeroom.
D) Documents and records for transferring inventory.

Question

Quizplus · Accepted Answer

C) Safeguarding the raw materials from point of receipt to the storeroom is more related to internal controls and physical security rather than the cost accounting system itself, which focuses on the recording, measurement, and analysis of costs.

Which of the Following Is Not an Aspect of Concern