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Radio Supplies Limited Sells Parts and Components to Organizations That

Question 12

Multiple Choice

Radio Supplies Limited sells parts and components to organizations that repair radios and other forms of audio equipment.It has many parts on its inventory listing at cost that were purchased up to fifteen years ago.Some of these parts have not seen any movement in the last ten years.The general balance-related audit objective affected by this activity is


A) completeness.
B) accuracy.
C) valuation.
D) existence.

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