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an auditor's obervation may be performed before the year end under which of the following conditions? A. when the client mantains periodic inventory records B.
an auditor's obervation may be performed before the year end under which of the following conditions?
A. when the client mantains periodic inventory records
B. when the auditor finds minimal variations in client inventory records and tests counts in prior periods
C. when total inventory has not varied more than 5% in the last 5 years
D. when the well-kept perpetual inventory records mantained by the clients are periodicially compared with physical counts
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