When the Auditor Is Determining Whether the Client Followed a Consistent

question 89

Multiple Choice

When the auditor is determining whether the client followed a consistent depreciation policy from period to period, and the client's depreciation calculations are correct, the balance-related audit objective of ________ is being determined for depreciation expense.

• A) completeness
• B) existence
• C) classification
• D) accuracy

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Definitions:

Social Contacts

Interactions and connections with other people in a social context.

Immediate Family

A person's closest relatives, usually consisting of parents, siblings, and children.

Phallic

Relating to or resembling a phallus or penis, often used in the context of psychological and symbolic interpretations of shapes and objects.

Freudian Stage

A phase in Sigmund Freud's theory of psychosexual development, where each stage is associated with a particular conflict that must be resolved for healthy psychological development.