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Analytical procedures can help an auditor assess the reasonableness of the inventory balances by highlighting changes that Select one or more: compare the reasonableness of

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Analytical procedures can help an auditor assess the reasonableness of the inventory balances by highlighting changes that Select one or more: compare the reasonableness of inventory balances with purchases and cost of goods sold, b. suggest slow-moving inventory for possible obsolescence. address whether inventory includes operating costs that should be expensed rather than capitalized

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