Inquiries of warehouse personnel concerning possible obsolete inventory items provide assurance about management's assertion of: 1. Completeness 2. Rights and Obligations. 3. Presentation 4. Valuation 0 1 O 2 O 3
Inquiries of warehouse personnel concerning possible obsolete inventory items provide assurance about management's assertion of: 1. Completeness 2. Rights and Obligations. 3. Presentation 4. Valuation 0 1 O 2 O 3
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle
Section: Chapter Questions
Problem 30CYBK
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![Inquiries of warehouse personnel concerning possible obsolete inventory items provide
assurance about management's assertion of:
1. Completeness
2. Rights and Obligations.
3. Presentation
4. Valuation
O 1
O 2
O 3](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3ee33aed-9a5b-4509-b2d5-e889c7446511%2Fb25173af-7396-47d8-ac7b-00c1a20453be%2Fqmj8wp3g_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Inquiries of warehouse personnel concerning possible obsolete inventory items provide
assurance about management's assertion of:
1. Completeness
2. Rights and Obligations.
3. Presentation
4. Valuation
O 1
O 2
O 3
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