Question: If an auditor identifies a discrepancy during the inventory count, what is the next step? Ignore it if it is minor. Correct the inventory records

If an auditor identifies a discrepancy during the inventory count, what is the next step?
Ignore it if it is minor.
Correct the inventory records without informing anyone.
Postpone the audit until the discrepancy is resolved.
Document the discrepancy and communicate it to the audit team and client management.

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