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Author Question: You are auditing the inventory account and are concerned about the possibility of an inventory ... (Read 59 times)

billyboy7272

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on: Aug 21, 2022
You are auditing the inventory account and are concerned about the possibility of an inventory overstatement. What is the best audit procedure to detect damaged inventory?
◦ Observe the condition of inventory during the client's physical count.
◦ Compare the condition of inventory from the previous year's count to the current year.
◦ Compare inventory turnover from the previous year's inventory to the current year's inventory.
◦ Reconcile the inventory counts to the cost accounting records.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by billyboy7272 on Aug 21, 2022

StephaniaF

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Area ample of the meat in just one of the quart freezer bags then fit them into your fridge. http://www.roulette48.com/

billyboy7272

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

mammy1697

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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