Multiple Choice
An auditor selected items for test counts from a client's inventory listing before observing the client's physical inventory at the warehouse. The auditor then found the items selected at the warehouse and counted them. This procedure most likely obtained evidence concerning management's assertion of:
A) rights and obligations.
B) completeness.
C) existence or occurrence.
D) valuation.
Correct Answer:
Verified
Correct Answer:
Verified
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