Which of the Following Audit Procedures Would Be Least Likely

question 6

Multiple Choice

Which of the following audit procedures would be least likely to lead the auditor to find an unrecorded fixed asset disposal?

• A) Examination of insurance policies
• B) Review of repairs and maintenance expense
• C) Review of property tax files
• D) Scanning of invoices for fixed asset additions

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Definitions:

Ethnic Diversity

Ethnic diversity refers to the presence of multiple ethnic groups within a given society, each with its distinct culture, traditions, and sometimes language.

Genocide

The deliberate and systematic extermination of a racial, ethnic, national, or cultural group.

Tutsis

An ethnic group in Rwanda and Burundi, who were historically one of the principal groups involved in the region's social and political dynamics.

Hutus

An ethnic group primarily associated with the Central African regions, most notably Rwanda, where they have played a significant role in the country's history and conflicts.