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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
    The Auditor Is Required by Generally Accepted Accounting Principles (GAAP)
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The Auditor Is Required by Generally Accepted Accounting Principles (GAAP)

Question 64

Question 64

True/False

The auditor is required by generally accepted accounting principles (GAAP) to observe the taking of physical inventory.

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