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    Auditing and Assurance Services Study Set 2
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    Exam 19: Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts
  5. Question
    The Auditor's Starting Point for Verifying Disposals of Property, Plant
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The Auditor's Starting Point for Verifying Disposals of Property, Plant

Question 53

Question 53

Multiple Choice

The auditor's starting point for verifying disposals of property, plant, and equipment is the


A) equipment account in the general ledger.
B) file of shipping documents.
C) client's schedule of recorded disposals.
D) equipment subsidiary ledger.

Correct Answer:

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