CPA Auditing and Attestation Aud Question of the Day

Practice CPA Auditing and Attestation Aud with the production-style question-of-the-day selection for this public URL.

Question 1

The warehouse manager is responsible for ensuring that high-end merchandise is in the locked section of the building. This is an example of

A review procedure
A physical control
A reconciliation procedure
An authorization procedure

Explanation: Physical control provides a physical barrier to the asset. They consist of policies such as insurance, or kinetic barriers such as locks, secure areas, etc.

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CPA Auditing and Attestation Aud

CPA Auditing and Attestation Aud Question of the Day

Practice CPA Auditing and Attestation Aud with the production-style question-of-the-day selection for this public URL.

Question 1

The warehouse manager is responsible for ensuring that high-end merchandise is in the locked section of the building. This is an example of

A review procedure
A physical control
A reconciliation procedure
An authorization procedure

Explanation: Physical control provides a physical barrier to the asset. They consist of policies such as insurance, or kinetic barriers such as locks, secure areas, etc.