Q:

Why is inventory so complex to represent ?

belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:13| Question number:13.1

Ibrahimhamm

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2022-06-30

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Ibrahimhamm

2022-06-30

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because the assignment of values to inventory quantities is difficult
issues such as obsolescence and lower of cost or market that affect the valuation of inventory
also be affected by the degree of processing required to manufacture products

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