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In the Examination of Property, Plant, and Equipment, the Auditor

Question 33

Multiple Choice

In the examination of property, plant, and equipment, the auditor tries to determine all of the following except the


A) Adequacy of controls.
B) Extent of property abandoned, retired, or sold during the year.
C) Adequacy of replacement funds.
D) Reasonableness of the depreciation.

Correct Answer:

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