When an Auditor Is Auditing a Client's Inventory Accounts, the Primary

question 38

Multiple Choice

When an auditor is auditing a client's inventory accounts, the primary focus is on the assertions of _______.

• A)cutoff, accuracy, and completeness
• B)completeness, existence, valuation and allocation, and rights and obligations
• C)completeness, verifiability, valuation and allocation, and rights and obligations
• D)rights and obligations, existence and occurrence, disclosure