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    Business
  3. Study Set
    Modern Auditing and Assurance Services
  4. Exam
    Exam 16: Auditing Inventories and Property, Plant and Equipment
  5. Question
    There Are Numerous Factors That Contribute to the Risk of Misstatement
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There Are Numerous Factors That Contribute to the Risk of Misstatement

Question 33

Question 33

Essay

There are numerous factors that contribute to the risk of misstatement in the assertions for inventories and cost of sales. List four of these factors.

Correct Answer:

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Any four of the following:
-The volume o...

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