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  3. Study Set
    Auditing Extended
  4. Exam
    Exam 11: Auditing Inventoriand PPE
  5. Question
    There Are Numerous Factors That Contribute to the Risk of Misstatement
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There Are Numerous Factors That Contribute to the Risk of Misstatement

Question 6

Question 6

Essay

There are numerous factors that contribute to the risk of misstatement in the assertions for inventoriand cost of sales. List four of these factors.

Correct Answer:

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Any four of the following:
The volume of...

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