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B. During the inventory count look for slow-moving inventory. D. Examine inventory consignment arrangements and contracts. E. Compare the cost of inventory with the
B. During the inventory count look for slow-moving inventory. D. Examine inventory consignment arrangements and contracts. E. Compare the cost of inventory with the client's current sales catalog and sales reports. F. Count the inventory and match the auditor's count with the client's count. H. Recalculate extensions of quantities and unit prices. WRONG (TRIED) ANSWERS Existence-of-inventory. Rights and obligations-for-inventory. Completeness and existence of inventory. Existence of inventory. Rights and obligations for inventory. Valuation and allocation for cash balances. Valuation-and-allocation for inventory Completeness-and-existence of inventory Rights and obligations for inventory. Completeness of inventory. SELECT AN ASSERTION: Completeness and existence of cash balances. Completeness and existence of inventory. Completeness of inventory. Existence of inventory. Existence, completeness, valuation and allocation, and rights and obligations for cash balances. Rights and obligations for inventory. Valuation and allocation for cash balances. Valuation and allocation for inventory.
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