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A client maintains perpetual inventory records in both quantities and dollars. If the assessed level of control risk is low, an auditor would probably: a.

A client maintains perpetual inventory records in both quantities and dollars. If the assessed level of control risk is low, an auditor would probably:

a. observe the clients inventory count at an interim date.

b. insist that the client perform physical counts of inventory items several times during the year.

c. increase the extent of tests of controls over inventory.

d. request the client to schedule the physical inventory count at the end of the year.

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