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The auditor observes the entity's inventories to obtain additional evidence of: A. The reasonableness of the inventory item on the financial statements. B. Inventories are accurately reflected in the financial
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36 votes
36 votes
The auditor observes the entity's inventories to obtain additional evidence of:

A. The reasonableness of the inventory item on the financial statements.
B. Inventories are accurately reflected in the financial statements.
C. Inventories are fully reflected in the financial statements.
D. Quantity of inventory declared by the unit.

User Pankaj Jha
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1 Answer

24 votes
24 votes

Answer:

B. Inventories are accurately reflected in the financial statements.

User Pranavsharma
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