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    Auditing and Assurance Services
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    Exam 13: Auditing the Inventory Management Process
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    If the Perpetual Inventory Records Show Lower Quantities of Inventory
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If the Perpetual Inventory Records Show Lower Quantities of Inventory

Question 34

Question 34

Multiple Choice

If the perpetual inventory records show lower quantities of inventory than the physical count, an explanation of the difference might be unrecorded


A) Sales.
B) Sales discounts.
C) Purchases.
D) Purchase discounts.

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