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Which of the Following Is an Auditor least Likely to Consider

Question 19

Multiple Choice

Which of the following is an auditor least likely to consider a departure from U.S.generally accepted accounting principles?


A) Valuing inventory at cost.
B) Including in inventory items that are consigned out to vendors,but not yet sold.
C) Using standard cost as the measure of inventory cost.
D) Including in inventory items shipped subsequent to year-end,but for which valid orders did exist at year-end.

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