The Auditor Is Least Likely to Learn of Retirements of Equipment

question 55

Multiple Choice

The auditor is least likely to learn of retirements of equipment through which of the following?

• A)Review of depreciation calculations.
• B)Review of the purchase returns and allowance account.
• C)Review of insurance policy correspondence.
• D)Analysis of the debits to the accumulated depreciation account.

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Definitions:

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