Which of the Following Is a Common Substantive Test of the Valuation

Multiple Choice

Which of the following is a common substantive test of the valuation assertion for PPE and intangible assets?

A) Observe physical inventory taking of the fixed assets and compare with detailed asset records.
B) For property valued at fair value,examine and verify supporting valuation evidence,such as independent appraisals.
C) Recalculate amortization expense and trace to general ledger account(s) .
D) From a sample of items from the asset subsidiary records,inspect title or other ownership legal documents,