Auditors May Conclude That Depreciation Charges Are Too Small by Noting

question 57

Multiple Choice

Auditors may conclude that depreciation charges are too small by noting

• A)insured values much larger than book values.
• B)large numbers of fully depreciated assets.
• C)frequent trade-ins of relatively new assets.
• D)large and frequent losses on assets retired.

---

Definitions:

Hypothalamus

A region of the brain responsible for the regulation of certain metabolic processes and other activities of the autonomic nervous system, including temperature control, thirst, hunger, and emotional activity.

Cerebellum

A region of the brain that plays an important role in motor control, and may also be involved in some cognitive functions including attention and language.

Brain Stem

The part of the brain connecting the spinal cord with the forebrain and cerebrum, responsible for controlling several vital functions.

Midbrain

A portion of the central nervous system associated with vision, hearing, motor control, sleep/wake, arousal (alertness), and temperature regulation.