One of the auditor's primary concerns in verifying the transfer of inventory from one location to another is that
A) recorded transfers exist.
B) all actual transfers are recorded.
C) the quantity, date, and description of all recorded transfers are accurate.
D) all of the above.

Question

Quizplus · Accepted Answer

The auditor's primary concerns in verifying the transfer of inventory from one location to another include verifying that recorded transfers exist, ensuring that all actual transfers are recorded, and verifying that the quantity, date, and description of all recorded transfers are accurate. Therefore, all of the above choices (A, B, and C) are valid concerns for the auditor, making choice D the best answer.

One of the Auditor's Primary Concerns in Verifying the Transfer