In order for an auditor to test valuation of a client's inventories, each of the following substantive tests of details of account balances are appropriate except:
A) using computer-assisted auditing techniques, reperform calculations testing the mathematical accuracy of report extensions and batch aggregations.
B) reperform calculations supporting decisions about inventory write-downs or write-offs.
C) obtain documentation supporting amounts of obsolete or slow-moving inventory items.
D) evaluate any changes made to the client's impairment policies in light of engineering and production information or other underlying assumptions.

Question

Quizplus · Accepted Answer

Using computer-assisted auditing techniques to reperform calculations testing the mathematical accuracy of report extensions and batch aggregations is an appropriate test for the valuation of inventories.

In Order for an Auditor to Test Valuation of a Client's