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Inventories are important accounts for auditors to review. A company with a $100 million inventory, accounted for under the LIFO method, with international purchases and

Inventories are important accounts for auditors to review. A company with a $100 million inventory, accounted for under the LIFO method, with international purchases and sales, is your client. You are in charge of the audit. Identify issues that an auditor may need to deal with in this situation

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