Quiz Sharing Account For which of the following audit areas would the external auditor be least likely to rely on work performed by a client's internal audit function?

For which of the following audit areas would the external auditor be least likely to rely on work performed by a client's internal audit function?

Account

For which of the following audit areas would the external auditor be least likely to rely on work performed by a client's internal audit function?

a. Valuation of a client's restructuring charge.
b. Existence of inventory.
c. Cutoff tests of revenue.
d. Existence of cash.

Answer: A

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Quiz Sharing

For which of the following audit areas would the external auditor be least likely to rely on work performed by a client's internal audit function?

For which of the following audit areas would the external auditor be least likely to rely on work performed by a client's internal audit function?

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