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In the audit of inventory, selecting inventory items from a perpetual master file, going to the locations, and obtaining test counts is intended to produce
In the audit of inventory, selecting inventory items from a perpetual master file, going to the locations, and
obtaining test counts is intended to produce evidence for which audit assertion?
Completeness.
Rights and obligations.
Existence.
Valuation and allocation.
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
