When auditing a customer's inventory, auditors should be concerned with the detection of damaged and obsolete goods.
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Question:
When auditing a customer's inventory, auditors should be concerned with the detection of damaged and obsolete goods.
a) Why are auditors worried about detecting damaged and obsolete products?
b). How do auditors check damaged goods in the customer's inventory?
c) How do auditors test obsolete goods in the customer's inventory?
Expert Answer:
A Auditors are worried about detecting damaged and obsolete products because the net realizable va... View the full answer
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