Your audit client,Wigley is a retail department store that does not produce any products.You are currently working on the inventory portion of the audit.In obtaining audit evidence in support of financial statement assertions,the auditor develops specific audit objectives in light of those assertions.Audit procedures are then selected to accomplish audit objectives.
For each specific inventory audit objective listed (Audit Objectives tab)select the most closely related account balance financial statement assertion and the most appropriate audit procedure.Financial statement assertions and audit procedures may be selected once,more than once,or not at all.

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