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Unformatted text preview: received from vendors in 24 - bottle cases. In my opinion, the client used good inventory procedures and took an accurate count. The client's inventory personnel seemed competent, and good control was exercised throughout the inventory procedures. Since the plant was shut down, inventory cutoff was not a problem. The last shipment of inventory was received on 12/31/03 from Fruit Juicy Perfume Co. (150 cases of #F60 Face Creme) and is included in the inventory count. I did not observe any obsolete or damaged inventory. James W. Pritchard Audit Senior 1 - 1 - 04...
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- Spring '09