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aryaelfkind aryaelfkind
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The auditor is testing for the balance-related audit objective of detail tie-in when they

▸ prove the schedule of investment activity as to additions and subtractions.

▸ perform a physical inspection of the security.

▸ verify the quoted market prices.

▸ test management's assumptions related to valuation.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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dhk72dhk72
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