【正文】 Functions in the Inventory and Warehousing Cycle Store finished goods Ship finished goods 16 5 169。2023 Prentice Hall Business Publishing, Essentials of Auditing 1/e, Arens/Elder/Beasley Cost Accounting Controls Raw materials WIP Finished goods 16 12 169。2023 Prentice Hall Business Publishing, Essentials of Auditing 1/e, Arens/Elder/Beasley Learning Objective 7 Design and perform audit tests of pricing and pilation for inventory. 16 28 169。2023 Prentice Hall Business Publishing, Essentials of Auditing 1/e, Arens/Elder/Beasley End of Chapter 16 16 40 169。2023 Prentice Hall Business Publishing, Essentials of Auditing 1/e, Arens/Elder/Beasley Physical Observation Tests 16 24 169。2023 Prentice Hall Business Publishing, Essentials of Auditing 1/e, Arens/Elder/Beasley Learning Objective 3 Explain the five parts of the audit of the inventory and warehouse cycle. 16 8 169。2023 Prentice Hall Business Publishing, Essentials of Auditing 1/e, Arens/Elder/Beasley Audit of Inventory Internally transfer assets and costs. Acquire and record raw materials, labor, and overhead. Part of audit Cycle in which tested Acquisition and payment plus payroll and personnel Inventory and warehousing 16 9 169。2023 Prentice Hall Business Publishing, Essentials of Auditing 1/e, Arens/Elder/Beasley BalanceRelated Objectives: Physical Inventory Observation Existence Completeness Accuracy Inventory as recorded on tags exist. Existing inventory is counted and tagged. Inventory is counted accurately. 16 25 169。2023 Prentice Hall Business Publishing, Essentials of Auditing 1/e, Arens/Elder/Beasley 演講完畢，謝謝觀看！ 。2023 Prentice Hall Business Publishing, Essentials of Auditing 1/e, Arens/Elder/Beasley BalanceRelated Objectives: Physical Inventory Observation Rights The client has rights to inventory recorded on tags Realizable Value Obsolete and unusable inventory items are excluded or noted. 16 27 169。2023 Prentice Hall Business Publishing