________ is normally characterized as a difficult and complex account to audit.
A) Property, plant and equipment
B) Cash
C) Inventory
D) Prepaid insurance

Question

Quizplus · Accepted Answer

Inventory is normally characterized as a difficult and complex account to audit due to various factors such as the nature of the goods, the valuation methods used, and the potential for obsolescence and theft. Incorrect valuation or misstatement of inventory can have a significant impact on the financial statements.

________ Is Normally Characterized as a Difficult and Complex Account