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  3. Study Set
    Auditing Assurance Services Study Set 1
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    Exam 15: Audit of Transaction Cycles and Financial Statement Balances I
  5. Question
    The Audit Procedure 'Observe Whether Inventory Movement Takes Place During
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The Audit Procedure 'Observe Whether Inventory Movement Takes Place During

Question 102

Question 102

True/False

The audit procedure 'Observe whether inventory movement takes place during the inventory count' provides assurance mainly for the completeness objective for physical inventory observation.

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