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Analytical Estimation of Depreciation by the Auditor Is an Important

Question 63

Multiple Choice

Analytical estimation of depreciation by the auditor is an important audit test because it does which of the following?


A) it signals which additions will be vouched.
B) it yields statistical precision in sampling.
C) it is a good starting point for determining additional procedures.
D) it gives the auditor an indication of the impaired balances existing in financial statements.

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