In Determining the Reasonableness of the Client's Amount for Depreciation

question 81

Multiple Choice

In determining the reasonableness of the client's amount for depreciation expense the auditor is primarily concerned that the client has followed a consistent policy and the calculations are correct.Which of the following audit objectives best addresses the above concerns?

• A)Existence
• B)Accuracy
• C)Valuation
• D)Allocation

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Definitions:

Criminalization

The process by which behaviors are turned into criminal offenses by legislation or social agreement.

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