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Other Fields Homework Help Accounting Topic started by: dbomb1 on Aug 1, 2022



Title: If the auditor concludes that physical controls over inventory are so inadequate that the inventory ...
Post by: dbomb1 on Aug 1, 2022
If the auditor concludes that physical controls over inventory are so inadequate that the inventory will be difficult to count, the auditor should ordinarily

▸ withdraw from the engagement.

▸ issue a qualified audit report.

▸ conduct expanded observation tests of physical inventory.

▸ hire a specialist to assist the auditor.


Title: If the auditor concludes that physical controls over inventory are so inadequate that the inventory ...
Post by: julie5 on Aug 1, 2022
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