In an audit of inventories, an auditor would least likely verify that a. All inventory owned by

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In an audit of inventories, an auditor would least likely verify that

a. All inventory owned by the client is on hand at the time of the count.

b. The client has used proper inventory pricing.

c. The financial statement presentation of inventories is appropriate.

d. Damaged goods and obsolete items have been properly accounted for.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:29 AM

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Auditing An Assertions Approach

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