Which of the following auditing procedures will provide evidence to support management's assertions regarding the allocation and valuation of inventories?
A) Vouching inventories to receiving documents.
B) Determining the replacement cost of inventories.
C) Vouching inventory counts to accounting records.
D) Tracing items reported in the accounting records to inventory counts.
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Home » Business » Which of the following auditing procedures will provide evidence to support management's assertions regarding the allocation and valuation of inventories? A) Vouching inventories to receiving documents.