
The following describes a feature of the inventory count instructions for Alex Manufacturing Ltd.
For the feature, select whether it represents a strength, a deficiency, it depends on the size of the business, or it should be referred to a more senior auditor.
- The inventory count is performed by warehouse staff and supervised by the warehouse manager.
Select ONE answer:
- Consult a senior colleague
- Depends on the size of the business
- Deficiency
- Strength
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 3
- Not correct
- Not correct
- Correct – The inventory count should involve personnel who are independent of the warehouse staff.
- Not correct

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