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Which of the following is true about the auditors' observation of the client's physical inventory? The count must be made at year-end. The auditors should
Which of the following is true about the auditors' observation of the client's physical inventory?
- The count must be made at year-end.
- The auditors should supervise the client's personnel.
- The auditors' observation addresses the existence assertion.
- The auditors should justify any omission of the observation in the audit report
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