The Auditor's Starting Point for Verifying Disposals of Property, Plant

question 75

Multiple Choice

The auditor's starting point for verifying disposals of property, plant, and equipment is the:

• A) client's schedule of recorded disposals.
• B) file of shipping documents.
• C) equipment account in the general ledger.
• D) equipment subsidiary ledger.

---

Definitions:

Goal-directed Behavior

Actions taken with the intention of achieving a specific outcome or objective, showing purpose and direction in behavior.

Object Permanence

The understanding that objects continue to exist outside of sight.

Dishabituation

The recovery of attention after habituation; signifies that person recognizes a new stimulus.

Accommodation

In Piaget’s theory, the process by which schemas are modified or new schemas created in light of experience.