When labor is a material factor in inventory valuation, the auditor should place special emphasis on testing the internal controls concerning
A) fictitious employees.
B) authorization of wage rates.
C) proper classification of payroll transactions.
D) completeness of recorded transactions.

Question

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The Answer of When labor is a material factor in inventory valuation, the auditor should place special emphasis on testing the internal controls concerning
A) fictitious employees.
B) authorization of wage rates.
C) proper classification of payroll transactions.
D) completeness of recorded transactions.

When Labor Is a Material Factor in Inventory Valuation, the Auditor