When verifying debits to the perpetual inventory records of a nonmanufacturing company,auditors would be most interested in examining a sample of purchase
A)Approvals.
B)Requisitions.
C)Invoices.
D)Orders.

Question

Quizplus · Accepted Answer

Auditors would be most interested in examining a sample of purchase invoices to verify the debits to the perpetual inventory records of a nonmanufacturing company, as these invoices provide evidence of the goods that were actually received and the price paid for them. Approvals, requisitions, and orders may also be relevant, but they do not provide the same level of detail or confirmation as invoices.

When Verifying Debits to the Perpetual Inventory Records of a Nonmanufacturing