Question: The auditor s analytical procedures will be facilitated if the client: Multiple Choice Uses a standard cost system that produces variance reports. Segregates obsolete inventory

The auditors analytical procedures will be facilitated if the client:
Multiple Choice
Uses a standard cost system that produces variance reports.
Segregates obsolete inventory before the physical inventory count.
Corrects material weaknesses in internal control before the beginning of the audit.
Reduces inventory balances to the lower of cost or market.

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