Auditors usually test cost accounting records as part of the
A) acquisition tests.
B) payroll tests.
C) sales tests.
D) All of the above are correct.

Question

Quizplus · Accepted Answer

Auditors need to test cost accounting records as part of their overall audit procedures. This is because cost accounting records help in validating the cost of goods sold, inventory, and other cost-related items. While acquisition tests, payroll tests, and sales tests may also be part of an audit, they do not necessarily cover all aspects of cost accounting. Therefore, the best answer is D, which includes all of the above options.

Auditors Usually Test Cost Accounting Records as Part of the