Which of the following audit procedures would most likely be used to test the mathematical accuracy of a five-hundred page inventory listing?
A) Send confirmations to selected vendors to verify amounts.
B) Examine a random sample of inventory documents.
C) Manually foot, or sum, several randomly-selected pages.
D) Use generalized audit software to foot, or sum, the entire listing.
Answer: D) Use generalized audit software to foot, or sum, the entire listing.
Business
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