Question: An auditor is trying to figure out if the inventory at an electronics store chain is obsolete. What characteristics might be used to help establish

An auditor is trying to figure out if the inventory at an electronics store chain is obsolete. What characteristics might be used to help establish a model predicting inventory obsolescence?

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The auditor may look at simple metrics such as the age of the inventory eg based on purchase date ... View full answer

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An auditor is trying to figure out if the inventory at an electronics store chain is obsolete. What characteristics might be used to help establish a model predicting inventory obsolescence?

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