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    Auditing A Business Risk Approach
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    Exam 13: Audit of Long-Lived Assets and Related Expense Accounts
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    Intangible Assets - Patents
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Intangible Assets - Patents

Question 80

Question 80

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Intangible assets - patents
Discuss what an intangible asset is and some audit procedures concerning patents that the auditor might use in connection with it.

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An intangible asset is one that lacks ph...

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