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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
    Comparing the Physical Counts with the Perpetual Inventory Master Files
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Comparing the Physical Counts with the Perpetual Inventory Master Files

Question 132

Question 132

Multiple Choice

Comparing the physical counts with the perpetual inventory master files satisfies the balance-related audit objective of


A) classification.
B) observation.
C) completeness.
D) accuracy.

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