The accuracy, valuation and allocation assertion of inventory is of key interest to the auditor because: O the valuation of inventory is usually complex. it is difficult to obtain evidence for this assertion. O All of the above. O inventory is more likely to be understated than overstated.

The accuracy, valuation and allocation assertion of inventory is of keyinterest to the auditor because: the valuation of inventory is usually complex. it is difficult to obtain evidence for this assertion. All of the above. inventory is more likely to be understated than overstated