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    Auditing and Assurance Services Study Set 2
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    Exam 21: Audit of the Inventory and Warehousing Cycle
  5. Question
    In Evaluating Management's Overhead Cost Allocations, the Auditor Must Simply
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In Evaluating Management's Overhead Cost Allocations, the Auditor Must Simply

Question 79

Question 79

True/False

In evaluating management's overhead cost allocations, the auditor must simply consider the reasonableness of the allocation method and determine if the valuation method complies with generally accepted accounting principles.

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