If the Auditor Selects the Sample of Inventory Items to Count

question 100

Multiple Choice

If the auditor selects the sample of inventory items to count from the inventory listing at year-end,the auditor gathers evidence about which assertion(s) ?

• A)existence and occurrence.
• B)accuracy.
• C)valuation or allocation.
• D)completeness.
• E)presentation and disclosure.

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Definitions:

African-American Adolescent

Any young individual, generally aged between 13 and 19, who identifies as part of the African-American or Black community in the United States.

Integration

The process of combining or coordinating separate parts or groups into a unified whole, often referring to social and cultural inclusion of individuals or groups.

Sexual-minority Identity

An umbrella term for individuals whose sexual orientation, sexual preferences, or sexual behavior differ from the majority of the surrounding society.

Identity Integration

The process of synthesizing and harmonizing various aspects of one’s personal, social, and cultural identities into a cohesive self-concept.