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The Starting Point for the Verification of Current Year Acquisitions

Question 121

Multiple Choice

The starting point for the verification of current year acquisitions of property, plant and equipment is normally:


A) the acquisitions journal.
B) the purchase requisitions file.
C) a schedule obtained from the client of all acquisitions recorded in the general ledger during the year.
D) the property, plant and equipment account in the general ledger.

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