Consider a manufacturing company in an environment in which the overall business conditions are declining. What are

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Consider a manufacturing company in an environment in which the overall business conditions are declining. What are the major risks associated with the inventory account balance? Explain how those risks would affect the auditor's approach to auditing inventory.

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Auditing A Business Risk Approach

ISBN: 978-0538476232

8th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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