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To make a year-to-year comparison of inventory turnover most meaningful, the auditor performs the analysis?

1) for company as a whole
2) by division
3) by product
4) all of the above

User Sam Xu
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1 Answer

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Final answer:

The auditor performs the analysis by considering the company as a whole, by division, and by product.

Step-by-step explanation:

To make a year-to-year comparison of inventory turnover most meaningful, the auditor performs the analysis by considering all of the above options: 1) for company as a whole, 2) by division, and 3) by product. Each of these approaches provides different insights into the efficiency of inventory management and helps identify areas that need improvement.

User Rakel
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