How would an auditor most likely test the mechanical accuracy of a 6,000 page inventory report?
A)Examine a random sample of inventory documents.
B)Use generalized audit software to foot and recalculate.
C)Send confirmations to vendors.
D)Inquire of the inventory manager as to the accuracy.

Question

Quizplus · Accepted Answer

Using generalized audit software to foot and recalculate the entire inventory report is the most efficient and effective way to test the mechanical accuracy of a 6,000 page inventory report. This will ensure that all calculations are correct and consistent throughout the report. Examining a random sample of inventory documents or inquiring of the inventory manager may not provide a comprehensive enough analysis, while sending confirmations to vendors may not be relevant to testing the mechanical accuracy of the report.

How Would an Auditor Most Likely Test the Mechanical Accuracy