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Auditing

Lecture 9

Inventory, litigation and claims, external confirmations, opening balances, subsequent events, and sampling methods.

Question 4 of 41

Besides attending the physical inventory count, what must the auditor do regarding the entity's final inventory records?

Write your answer in your own words. It will be graded with Gemini.

Answer freely: concise wording is fine as long as it covers the lecture point.