Why are physical inventory counts made when a perpetual inventory system is used? a. Same as last
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Question:
Why are physical inventory counts made when a perpetual inventory system is used?
a. Same as last year principle requires it
b. It verifies inventory numbers recorded
c. SEC recommends it
d. CFO typically has doubts about the purchasing department
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Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
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