Question: Question 3 0 Identify the assertion auditors should be most concerned about when they are auditing a public company trying to maximize profit. INVENTORY The

Question 30
Identify the assertion auditors should be most concerned about when they are auditing a public company trying to
maximize profit. INVENTORY The auditor is worried that inventory is misstated because of inappropriate prices used
from an outdated pricing catalog.
Existence/Occurrence.
Completeness.
Presentation and disclosure.
Valuation.
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Question 30 Identify the assertion auditors should be most concerned about

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