L. Martines, CPA, was auditing a client, Marvelous Retail Company and selected a sample of inventory items
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Question:
L. Martines, CPA, was auditing a client, Marvelous Retail Company and selected a sample of inventory items from the Perpetual records and vouched additions to receiving reports. This procedure was intended to satisfy which PCAOB assertion?
a. rights and obligations
b. completeness
c. existence or occurrence
d. valuation or allocation
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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