Question: Hello! I need help to solve this question on the below. I would like to understand. Thank you so much! 1) The textbook tells us

Hello! I need help to solve this question on the below. I would like to understand. Thank you so much!

1) The textbook tells us that, during an inventory audit, the extent & timing of tests related to ending inventory can be reduced or altered, if the client has an accurate/well-controlled perpetual (inventory) system. Please explain the meaning of this sentence.

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