In the audit of inventory, selecting inventory items from a perpetual master file, going to the locations,
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In the audit of inventory, selecting inventory items from a perpetual master file, going to the locations, and obtaining test counts is intended to produce evidence for which audit assertion?
a. Completeness.
b. Rights and obligations.
c. Existence.
d. Valuation and allocation.
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Related Book For
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
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