Which Is Not One of the Tests That Would Be

question 34

Multiple Choice

Which is not one of the tests that would be used in the audit of equipment, depreciation expense, and accumulated depreciation?

• A) Verify the ending balance in the asset account.
• B) Send confirmations to the sales personnel who sold the equipment to the company.
• C) Perform substantive analytical procedures.
• D) Verify current year acquisitions.

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Definitions:

Private Property

Land or belongings owned by individuals or entities, not by the government or public.

Costs

Costs refer to the expenses incurred in the production of goods or the delivery of services, or the sacrifices made in engaging in an activity.

Cohabitation

The scenario of living with someone and participating in intimate relations without the formal commitment of marriage.

Structural Factors

Elements related to the organization, framework, or underlying social structures that influence societal patterns and individual behaviors.