Which of the Following Is NOT a Factor Affecting the Complexity

question 134

Multiple Choice

Which of the following is NOT a factor affecting the complexity of the audit of inventory?

• A) inventory often being the largest item on the balance sheet
• B) different acceptable valuation methods
• C) counting inventory at different locations
• D) inventory being stored at more than one location

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Definitions:

Multiple-Choice Options

A selection method where a question is followed by several possible answers, and the respondent must choose the best one.

Hierarchy of Goals

An arrangement of objectives in which some are prioritized above others according to their importance or urgency.

Abstract

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Concrete

Relating to actual, tangible objects or phenomena, as opposed to abstract concepts.