Question: 5 . A common inventory observation procedure is to be alert for items that are damaged, rusty, or covered in dust. The audit objective most

5.
A common inventory observation procedure is to be alert for items that are damaged, rusty, or covered in dust. The audit objective most closely associated with this is:
Please add checkmark next to the correct answer(s).
1 existence.
2 classification.
3 completeness.
4 realizable value.
5 presentation and disclosure.

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