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ABC Ltd Is a Retailer Who Is Planning to Undertake

Question 36

Multiple Choice

ABC Ltd is a retailer who is planning to undertake a full inventory count at year-end. Control risk over inventory records for this entity is deemed to be:


A) important due to the timing of the inventory count.
B) important due to the nature of the business.
C) unimportant due to the timing of the inventory count.
D) none of the above.

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