Which of the following best describes the reason that the auditors record their inventory test counts in the working papers?   Group of answer choices To document every test count. To document compliance with generally accepted auditing standards. For subsequent comparison with the completed inventory listing. For use in subsequent audits.

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Audit Procedures

Audit Procedures are methods and techniques performed by the auditor to determine the quality of financial information of clients, thereby expressing an opinion on true & fair view of financial statements and entity position. They are identified and applied at the planning stage of audit after determining audit objectives, scope, approach, and risk assessment.