When auditing inventories, an auditor would least likely verify that: (A) The financial statement presentation of inventories

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When auditing inventories, an auditor would least likely verify that:

(A) The financial statement presentation of inventories is appropriate.

(B) Damaged goods and obsolete items have been properly accounted for.

(C) All inventory owned by the client is on hand at the time of the count.

(D) The client has used proper inventory pricing.

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Principles Of Auditing An Introduction To International Standards On Auditing

ISBN: 9780273684107

2nd Edition

Authors: Rick Stephan Hayes, Roger Dassen, Arnold Schilder, Philip Wallage

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