OC of a client\'s cost accounting system is not Which of the following statement
ID: 2394342 • Letter: O
Question
OC of a client's cost accounting system is not Which of the following statements concerning T appropriate? 2. a. The auditor's procedures must be designed to vouch quantities of direct materials charged to b. The auditor's procedures must not be designed to fit a variety of a client's cost accounting c. The auditor's procedures must be designed to determine that costs are appropriately valuate d. The auditor's procedures must be designed to analyze a number of the manufacturing jobs or processes to materials requisitions. system, even in the same industry. and allocated to specific jobs or processes overhead subsidiary ledger accounts and verify the propriety of the charges thereto.Explanation / Answer
Answer is b. The auditors procedure must not be designed to fit a variety of a client cost accounting system, even in the same industry.
Explanation:
The auditor should designed the procedure for the audit of cost accounting records which may be standardized for the firms in the same industry.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.