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Which audit evidence is going to be most useful to an auditor assigned to audit the valuation assertion of inventory? a. Obtaining a current vendor
Which audit evidence is going to be most useful to an auditor assigned to audit the valuation assertion of inventory?
a. | Obtaining a current vendor price list. | |
b. | Discussing the supply chain with the purchasing manager. | |
c. | Observing shipping/receiving personnel receive supplier shipments. | |
d. | Reperforming the payroll calculation. |
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