Is it possible for the auditor to rely on tests of controls for inventory?

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Auditing A Practical Approach

ISBN: 9781118878415

1st Extended Canadian Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren

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Question Posted: Feb 16, 2024 03:00 PM

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Is it possible for the auditor to rely on tests of controls for inventory?

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ANSWER Yes auditors can rely on tests of controls for inventory as part of their overall audit strategy Tests of controls are procedures performed to ...View the full answer

Auditing A Practical Approach

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