Question: Inventory is a complex area to audit for all but which of the following reasons? a . There are several acceptable valuation methods and some

Inventory is a complex area to audit for all but which of the following reasons?
a. There are several acceptable valuation methods and some entities use different methods for different types of inventory.
b. Inventory is often in different locations.
c. Inventory is often the largest account on the balance sheet.
d. Inventory valuation includes few estimates.

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