The auditor's tour of the client's inventory facilities should be led by
A) a member of the audit committee.
B) the CFO.
C) a plant supervisor.
D) the company president.

Question

Quizplus · Accepted Answer

A plant supervisor is the best choice to lead the auditor's tour of the client's inventory facilities as they are the most familiar with the day-to-day operations and can provide the most detailed information about inventory procedures and controls. The audit committee, CFO, or company president may not have the same level of operational knowledge and may not be able to provide the necessary information.

The Auditor's Tour of the Client's Inventory Facilities Should Be