What are the purposes of the auditors observation of the taking of the physical inventory? (Do not

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What are the purposes of the auditors’ observation of the taking of the physical inventory? (Do not discuss the procedures or techniques involved in making the observation.)

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Principles of Auditing and Other Assurance Services

ISBN: 978-0078025617

19th edition

Authors: Ray Whittington, Kurt Pany

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Question Posted: Oct 27, 2014 04:55 AM

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What are the purposes of the auditors observation of the taking of the physical inventory? (Do not

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Principles of Auditing and Other Assurance Services

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