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In which of the following cases is it least likely that the auditors would have been negligent in failing to detect a material misstatement of inventories? A. The senior partner called off further investigation of discrepancies after receiving personal assurance from the chairman of the board that inventory was correctly valued. B. The work was completed by a junior member of staff and signed off by a senior. C. The auditor relied on the investigations of the internal auditors rather than increase costs on the audit. D. They relied on a certificate provided by an independent auditor's expert. |