Tests Designed to Detect Goods That Arrived at the Warehouse

question 19

Multiple Choice

Tests designed to detect goods that arrived at the warehouse just before year-end and for which the audit client took ownership that have not been recorded in the perpetual inventory records until the subsequent year would most likely provide evidence about management's assertion of:

• A)accuracy.
• B)occurrence.
• C)valuation and allocation.
• D)cut-off.

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