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dbomb1 dbomb1
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A year ago
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.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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julie5julie5
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A year ago
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