When the client engages an inventory specialist to take the inventory, the impact on the audit in this area is:
A) to eliminate the need to perform test counts.
B) to eliminate the need to observe the inventory.
C) minimal because the specialists are considered independent auditors.
D) minimal because the specialists are considered audit employees.

Question

Quizplus · Accepted Answer

The Answer of When the client engages an inventory specialist to take the inventory, the impact on the audit in this area is:
A) to eliminate the need to perform test counts.
B) to eliminate the need to observe the inventory.
C) minimal because the specialists are considered independent auditors.
D) minimal because the specialists are considered audit employees.

When the Client Engages an Inventory Specialist to Take the Inventory