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    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 'Foot the Inventory Listing Schedules for Raw
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The Audit Procedure 'Foot the Inventory Listing Schedules for Raw

Question 65

Question 65

True/False

The audit procedure 'Foot the inventory listing schedules for raw materials, work- in- process and finished goods' provides assurance mainly for the accuracy objective of inventory pricing and compilation.

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