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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
    One Reason the Inventory Observation Is Performed Is for the Purpose
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One Reason the Inventory Observation Is Performed Is for the Purpose

Question 72

Question 72

True/False

One reason the inventory observation is performed is for the purpose of determining the accuracy of client counting procedures.

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