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Which Statement Is Most Correct

Question 43

Multiple Choice

Which statement is most correct?


A) In observing physical inventory, the auditor has a responsibility to both take and supervise the taking of inventory.
B) In observing physical inventory, the auditor has no responsibility to take or supervise the taking of inventory.
C) In observing physical inventory, the auditor is only responsible for supervising the taking of inventory.
D) In observing physical inventory, the auditor is responsible for the taking of inventory.

Correct Answer:

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