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The auditor’s strategy in performing test counts during the inventory observation is to
The auditor’s strategy in performing test counts during the inventory observation is to: concentrate tests on high dollar items with random selection of other items.
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Asked 5/27/2013 9:55:07 AM
Updated 357 days ago|12/21/2017 10:02:01 PM
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The auditor’s strategy in performing test counts during the inventory observation is to: concentrate tests on high dollar items with random selection of other items.

Added 357 days ago|12/21/2017 10:02:01 PM
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The control of all funds during the count of cash on hand is meant primarily to prevent
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Updated 270 days ago|3/18/2018 11:32:38 PM
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The control of all funds during the count of cash on hand is meant primarily to prevent any chance of double counting.
Added 270 days ago|3/18/2018 11:32:38 PM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [3/19/2018 5:30:22 AM]
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