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Which of the Following Procedures Is Not a Substantive Procedure

Question 7

Multiple Choice

Which of the following procedures is not a substantive procedure used for testing the valuation of long-lived assets?


A) Assess management's impairment estimates.
B) Inquire of management about assets that are idle.
C) Develop an independent estimate of amortization expense.
D) All of the above are procedures used for testing the valuation assertion.

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