In tracing opening inventory balancto working papers for the previous year, the auditor should make certain that any audit adjustments, agreed on in the previous year, were recorded.

Question

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The auditor needs to ensure that any adjustments agreed upon in the previous year were recorded in the opening inventory balance for the current year. This is important for maintaining the accuracy and completeness of the inventory balance.

In Tracing Opening Inventory Balancto Working Papers for the Previous