Principles Of Auditing & Other Assurance Services
Principles Of Auditing & Other Assurance Services
21st Edition
ISBN: 9781259916984
Author: WHITTINGTON, Ray, Pany, Kurt
Publisher: Mcgraw-hill Education,
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Chapter 15, Problem 32POQ

An auditor most likely would inspect loan agreements under which an entity’s inventories are pledged to support management’s financial statement assertion of:

  1. (1) Presentation and disclosure.
  2. (2) Valuation or allocation.
  3. (3) Existence or occurrence.
  4. (4) Completeness.
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Principles Of Auditing & Other Assurance Services

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