If the auditor concludes that the client's inventory turnover ratio is LOWER than the industry...

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Accounting

If the auditor concludes that the client's inventory turnover ratio is LOWER than the industry average, this could mean that:

a.

inventory may be slow moving or obsolete

b.

The client's "days of inventory on hand" will be lower as well

c.

both of the above

d.

neither of the above

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