Which of the following is not one of the independent auditor’s objectives regarding the audit of inventories? • Verifying that inventory counted is owned by the client. • Ascertaining the physical quantities of inventory on hand. • Verifying that all inventory owned by the client is on hand at the time of count. • Verifying that the client has used proper inventory pricing.

Which of the following is not one of the independent auditor’s objectives regarding the audit of inventories?

·        Verifying that inventory counted is owned by the client.

·        Ascertaining the physical quantities of inventory on hand.

·        Verifying that all inventory owned by the client is on hand at the time of count.

·        Verifying that the client has used proper inventory pricing.

CLICK HERE TO GET THE ANSWER !!!!