Question: Described below are potential financial statement misstatements that are encountered by auditors. Fo each misstatement, describe the sunstantive auditing procedures that may be used by

Described below are potential financial statement misstatements that are encountered by auditors. Fo each misstatement, describe the sunstantive auditing procedures that may be used by the auditors to detect the misstatement. a

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Inventory is understated because warehouse personnel overlooked several racks of parts in taking the physical inventory. Error or Fraud Control Substantive Procedure

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