Which of the Following Is Not a Technique That Auditors

question 74

Multiple Choice

Which of the following is not a technique that auditors can use when performing preliminary analytical procedures related to long-lived assets?

• A) Perform an overall estimate of depreciation expense.
• B) Review and analyze gains/losses on disposals of equipment.
• C) Compare depreciable lives used by the client for various asset categories with those of the industry.
• D) All the above are techniques that auditors can use.

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Definitions:

Social Media

Digital platforms that enable users to create content, share information, and network with others.

Customer Complaints

Feedback from customers expressing dissatisfaction with a product or service.

Credit History

A record of a person's or entity's borrowing and repayment activities, used by lenders to evaluate creditworthiness.

Credit Amount

The total sum of money that can be borrowed by an individual or organization from a lender.