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For the accounts of Inventory and Property Plant & Equipment, provide the following information: a)Name the two riskiest assertions for each account under normal circumstances

For the accounts of Inventory and Property Plant & Equipment, provide the following information:

a)Name the two riskiest assertions for each account under normal circumstances (2 assertions for each account).

b)For each high risk assertion you named in Part a), provide 1 substantive procedure to test it. (Make sure you be specific in what information you need and why you need that information)

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