Why is inherent risk for the existence of inventory an issue in the expenditure cycle audit?

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Auditing And Assurance Services

ISBN: 9781266796852

9th Edition

Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau

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Question Posted: May 22, 2023 05:14 AM

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Why is inherent risk for the existence of inventory an issue in the expenditure cycle audit?

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Auditing And Assurance Services

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