Which of the Following Procedures Is Not a Procedure Used

question 24

Multiple Choice

Which of the following procedures is not a procedure used by an auditor in searching for unrecorded disposals of long-lived assets?

• A)Make client inquiries.
• B)Examine property tax records.
• C)Send confirmations to insurance agents.
• D)Examine scrap sales accounts.

Comprehend the legal and ethical considerations in human resources management.

Identify the processes and importance of recruitment in forming a qualified pool of applicants.

Understand performance appraisal methods and their importance in human resources management.

Understand the importance and benefits of the employee orientation process.

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Definitions:

Contractual Obligations

Responsibilities or duties that are legally enforceable and arise from a contract between parties.

Insurance Contract

An Insurance Contract is a legal agreement between an insurer and the insured, outlining the policy terms, coverage limits, and premiums for the risk assumed by the insurer.

Insurer Accepts

The act of an insurance company agreeing to take on the risk and provide coverage as outlined in the insurance policy.

Binder

A temporary insurance contract that provides coverage until a permanent policy is issued.