How would your level of professional skepticism differ

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Question - You have been assigned to perform a review of a client's inventory containing electric motors, parts for motors, and raw materials used in making the motors.

a. What inquiries and analytical procedures should you perform?

b. What will you do if these procedures do not support the client's inventory values or disclosures?

c. How would your level of professional skepticism differ depending on whether you are performing a review versus an audit engagement?

Reference no: EM132560288

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