Which of the Following Is not One of the Auditors

question 29

Multiple Choice

Which of the following is not one of the auditors' objectives in auditing depreciation?

• A)Establishing the reasonableness of the client's replacement policy.
• B)Establishing that the methods used are appropriate.
• C)Establishing that the methods are consistently applied.
• D)Establishing the reasonableness of depreciation computations.

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Definitions:

Destroyed

When something is damaged beyond repair or no longer exists in its original form.

Collect

To gather or assemble multiple items or amounts together; also refers to the act of receiving payment.

Insurance Policy

A contract between an insurer and the insured, detailing the terms under which the insurer agrees to provide financial protection against specified risks.

Vandals

Vandals are individuals who deliberately destroy or damage property, often public or another's, without permission or legal right.