Multiple Choice
An auditor will usually trace the details of the test counts of inventory items selected from the factory floor while observing the inventory stocktake through to a final inventory schedule. This audit procedure is undertaken to
Provide evidence of which assertion(s) ?
A) Valuation and allocation.
B) Existence.
C) Completeness.
D) Cut-off.
Correct Answer:

Verified
Correct Answer:
Verified
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