Analyze some common internal controls over inventories. Explain the significant inherent risks associated with inventory. Explain the
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Analyze some common internal controls over inventories. Explain the significant inherent risks associated with inventory. Explain the process of physical inventory counts and the auditor's observation of this process.
Describe common substantive procedures used to audit a client's property, plant, and equipment. How is depreciation audited? How are intangible assets audited?
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