Which of the Following Accounts Should Be Reviewed by the Auditor

question 41

Multiple Choice

Which of the following accounts should be reviewed by the auditor to gain reasonable assurance that additions to property,plant,and equipment are not understated?

• A)Depreciation.
• B)Accounts payable.
• C)Cash.
• D)Repairs and maintenance.

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Definitions:

Sociability

The tendency to seek out and enjoy the company of others, often considered a personality trait.

Activity Level

The degree of physical or mental exertion or activity an individual typically engages in.

Emotionality

pertains to the capacity to experience and express emotions, including the intensity and expressiveness of those emotions.

Basic Tendency

An individual's inherent personality traits or dispositions that remain relatively stable throughout life.