(Solution Download) 11-61 LO 8 The auditor is always concerned whether slow-moving or potentially obsolete inventory...
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11-61 LO 8 The auditor is always concerned whether slow-moving or
potentially obsolete inventory is included in inventory, and whether inventory should be reduced to a lower market value. Identify five substantive audit procedures the auditor might use to determine the existence of obsolete goods or goods whose market value is less than cost.
11-62 LO 8 Explain how GAS could be used to help identify potentially
This question was answered on: Oct 24, 2017
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