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An auditor must take regard for asset verification and related audit procedure when conducting and asset audit. This must include: Supplier shipping documents Verification of

An auditor must take regard for asset verification and related audit procedure when conducting and asset audit. This must include:

  1. Supplier shipping documents
  2. Verification of existence of the asset
  3. Occurrence of the purchase transaction of the asset
  4. Tangible inspection of the asset
  5. All of the above

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