Question: Jill Karnick abandoned her attempt to complete an inventory roll-forward because of the considerable amount of work the procedure involved. Do you believe she made

Jill Karnick abandoned her attempt to complete an inventory roll-forward because of the considerable amount of work the procedure involved. Do you believe she made an appropriate decision given the circumstances she faced? How should auditors weigh the cost of an audit procedure, in terms of time and other resources, against the quantity and quality of evidence that it yields?

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