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(Solved): Read each misstatement that could occur when auditing inventory and determine if it is most likely a ...



Read each misstatement that could occur when auditing inventory and determine if it is most likely an example of a client error (unintentional) or fraud (intentional).Intentional misstatement of inventory prices: Intentional recording of purchases in the subsequent period: Intentional misstatement of inventory production costs: Items are stolen and no journal entry is recorded: Erroneous pricing of inventory:



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