Which of the Following Is Not a Test Primarily Used

question 37

Multiple Choice

Which of the following is not a test primarily used to test property,plant and equipment accounts for overstatement?

• A)Investigation of reductions in insurance coverage.
• B)Review of property tax bills.
• C)Examination of retirement work orders prepared during the year.
• D)Vouching retirements of plant and equipment.

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Definitions:

Time Management Skill

The ability to plan and exercise conscious control of time spent on specific activities, especially to increase effectiveness, efficiency, and productivity.

High-priority Tasks

Tasks that are regarded as more important or urgent compared to others and require immediate attention.

Core Work Tasks

The essential duties and responsibilities that are central to a job or employment position.

Break-even Point

The moment at which total costs and total revenues are equal, meaning no net loss or gain is experienced by the business.