1. An auditor most likely would inspect loan agreements under which an entity's inventories are pledged to support management's financial statement assertion of
a. existence
b. accuracy
c. classification and understandability
d. Valuation and allocation
2. Which of the following is NOT a factor motivating increased emphasis on reverse logistics? programs?
A. The potential for profit from an additional value stream
B. High return percentages in industries such as magazines and books
C. ?Activity-based costing of reverse flows
D. The? so-called "triple bottom? line"