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    Auditing and Assurance Services
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    Exam 7: Auditing the Inventory Business Process
  5. Question
    The Accounts in the Inventory Process Are
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The Accounts in the Inventory Process Are

Question 44

Question 44

Multiple Choice

The accounts in the inventory process are


A) inventory returns
B) purchasing
C) allowance to reduce inventory to LIFO value
D) receiving
E) allowance to reduce inventory to market value
F) both A and B
G) both C and E
H) both D and E

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