When inventory quantities are determined solely by means of a physical count,it is necessary for the auditor to be present at the time of the count.
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Q8: If control risk is assessed very low,cost
Q9: Based on the production orders,management develops a
Q10: Production planning interacts with inventory planning to
Q11: The auditors must be present during some
Q12: When inventory is counted on a date
Q14: If inventory located off the client's premise,the
Q15: Standard costing of inventory is a generally
Q16: If an auditor was not present at
Q17: Most businesses try to estimate sales levels
Q18: In general,the auditors' best opportunity to detect
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