Which of the Following Is not a Reason for the Special

Multiple Choice

Which of the following is not a reason for the special significance attached by the auditors to the verification of inventories?

A) The determination of inventory valuation directly affects net income.
B) The existence of inventories is inherently difficult to substantiate.
C) Special valuation problems often exist for inventories.
D) Inventories are often the largest current asset of an enterprise.