Which of the procedures would not provide evidence

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Problem 1: The auditor wants to test that a client's recorded inventory balance exists at the end of the year (December 31). Which of the following procedures would NOT provide evidence over the existence assertion for inventory as of December 31?

A. The auditor can recalculate the mathematical accuracy of a sample of inventory purchases (price x quantity).

B. The auditor can count the physical inventory at year end.

C. The auditor can vouch a sample of inventory purchases to the receiving reports and purchase orders.

D. The auditor can observe the client counting the physical inventory at year end.

Reference no: EM132784676

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