During the observation of the inventory count, the auditor has responsibility to: i. Watch for damaged and

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During the observation of the inventory count, the auditor has responsibility to:

i. Watch for damaged and obsolete inventory items.

ii. Make some test counts of inventory quantities.

iii. Supervise the taking of the inventory.

A. (i) and (ii) only.

B. (ii) and (iii) only.

C. (i) and (iii) only.

D. (i), (ii) and (iii).

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Modern Auditing And Assurance Services

ISBN: 9781118615249

6th Edition

Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson

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Question Posted: May 23, 2024 10:02 AM

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During the observation of the inventory count, the auditor has responsibility to: i. Watch for damaged and

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Modern Auditing And Assurance Services

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