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Auditing Basic Inventory Performing Observations READING MATERIAL I. Audit Objectives for Inventory A. Risk Assessment for Inventory B. Inventory Observation Procedures C. Special Issues Concerning
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What is performing observations?
Performing observations is the process of monitoring and documenting activities or events to ensure compliance with established procedures or standards.
Who is required to file performing observations?
Employees or individuals who are responsible for carrying out specific tasks or processes are usually required to file performing observations.
How to fill out performing observations?
Performing observations are typically filled out by documenting the date, time, activity observed, any deviations from standards, and any corrective actions taken.
What is the purpose of performing observations?
The purpose of performing observations is to ensure that tasks and activities are being carried out correctly and according to established procedures to maintain quality and safety.
What information must be reported on performing observations?
Information such as date, time, activity observed, deviations from standards, corrective actions taken, and any additional notes should be reported on performing observations.
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