An auditor selected items for test counts while observing a client's physical inventory. The auditor then traced the test counts to the client's inventory listing. This procedure most likely obtained evidence concerning management's balance assertion of
A)rights and obligations.
B)completeness.
C)existence.
D)accuracy and valuation.

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The Answer of An auditor selected items for test counts while observing a client's physical inventory. The auditor then traced the test counts to the client's inventory listing. This procedure most likely obtained evidence concerning management's balance assertion of
A)rights and obligations.
B)completeness.
C)existence.
D)accuracy and valuation.

An Auditor Selected Items for Test Counts While Observing a Client's