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jason23 jason23
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A year ago
An auditor selects a random sampling of tag numbers and identifies the tag with that number attached to the actual inventory. The purpose of the procedure is to

▸ obtain proper cutoff information.

▸ uncover the inclusion of nonexistent items as inventory.

▸ determine if the client has adequately priced the inventory item.

▸ verify that the client has not changed the recorded counts after the auditor left the premises.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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mooltipasmooltipas
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A year ago
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jason23 Author
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A year ago
You make an excellent tutor!
lierac00
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Smart ... Thanks!
Starfiew
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2 hours ago
Thanks for your help!!
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