Procedures for the audit of warranty expense are generally coordinated with which of the following audit programs?
A)Inventory, accruals, and payables.
B)Inventory, sales, and repairs and maintenance.
C)Sales, cost of goods sold, and interest expense.
D)Sales, inventory, and interest expense.

Question

Quizplus · Accepted Answer

Warranty expense is related to sales and inventory.

Procedures for the Audit of Warranty Expense Are Generally Coordinated