Which of the Following Explanation: S Most Likely Would Satisfy

question 646

Multiple Choice

Which of the following Explanation: s most likely would satisfy an auditor who questions management about significant debits to the accumulated depreciation accounts?

• A) The estimated remaining useful lives of plant assets were revised upward.
• B) Plant assets were retired during the year.
• C) The prior year's depreciation expense was erroneously understated.
• D) Overhead allocations were revised at year-end.

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Definitions:

Temperate Desert

A biome characterized by low precipitation, moderate temperatures compared to other deserts, and specific vegetation adapted to these conditions.

Rain Shadow

A dry area on the leeward side of a mountainous area, where less rain falls due to the obstruction of precipitation by the mountains.

Ecological Communities

Groups of interacting species that live in the same area and are interconnected through various ecological processes.

Biome

A large ecological area on the Earth's surface, with flora and fauna adapting to its climate and geography, such as forests, deserts, and tundras.