It Is the Auditor's Job to Review the Client's Estimate

Multiple Choice

It is the auditor's job to review the client's estimate of obsolete inventory to evaluate whether the ending inventory balance has been determined in accordance with the applicable financial reporting framework.To do this,the auditor considers whether the inventory balance includes

A) only inventory the client expects to sell in the future
B) inventory that the client does not own
C) inventory that has not been paid for at the end of the year
D) inventory valued at the lower of cost or market
E) both A and C
F) both A and D
G) both D and E