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  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 11: Auditing Inventory, Goods and Services, and Accounts Payable: the Acquisition and Payment Cycle
  5. Question
    In an Audit Where There Is a Heightened Risk of Fraud
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In an Audit Where There Is a Heightened Risk of Fraud

Question 29

Question 29

True/False

In an audit where there is a heightened risk of fraud related to inventory, the auditor may want to observe all inventory locations simultaneously.

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