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    Auditing Assurance Services
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    Exam 13: Auditing the Inventory Management Process
  5. Question
    Observing an Entity's Inventory Held on Consignment by Others Tests
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Observing an Entity's Inventory Held on Consignment by Others Tests

Question 33

Question 33

Multiple Choice

Observing an entity's inventory held on consignment by others tests the assertion of:


A) existence.
B) completeness.
C) valuation.
D) rights and obligations.

Correct Answer:

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