Which of the following steps would not normally be included in a program for a physical inventory observation?
A)Vouch unit prices to vendors' invoices or other cost records.
B)Obtain the client's inventory counting instructions and review them for completeness.
C)Inspect the tags used and unused and record the tag numbers used.
D)Obtain the numbers of the last five receiving reports and last five shipping documents.

Question

Quizplus · Accepted Answer

Vouching unit prices to vendors' invoices or other cost records is not a normal step in a physical inventory observation, as the focus of the observation is on verifying the existence and quantity of inventory on hand, not the prices paid for it. The other three options listed are normal steps in a physical inventory observation.

Which of the Following Steps Would Not Normally Be Included