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Author Question: Auditors use trends in the inventory turnover ratio to identify potential inventory obsolescence. (Read 14 times)

kmoyer2

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Question 1

Auditors use trends in the accounts receivable turnover ratio to assess the reasonableness of the allowance for doubtful accounts.
◦ true
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Question 2

Auditors use trends in the inventory turnover ratio to identify potential inventory obsolescence.
◦ true
◦ false


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Marked as best answer by kmoyer2 on Aug 21, 2022

breounasmoot

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kmoyer2

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)


dreamfighter72

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Reply 3 on: Yesterday
Excellent

 

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