Question: Which specific balance-related audit objective for physical inventory observation is being tested in the following audit procedures? (1 mark) Existing inventory is counted and tagged,

Which specific balance-related audit objective for physical inventory observation is being tested in the following audit procedures? (1 mark) Existing inventory is counted and tagged, and tags are accounted for to make sure none is missing. Question 39 options: Rights & Obligations Valuation Completeness Allocation

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