Which of the Following Audit Procedures Would Be Least Likely

question 54

Multiple Choice

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

• A)Examination of insurance policies for evidence of a dropped or cancelled policy.
• B)Review of repairs and maintenance expense.
• C)Review of property tax files.
• D)Scanning of invoices for fixed asset additions for evidence of a purchase to replace a previously owned fixed asset.

Recognize the importance and techniques of active listening in interviews.

Identify interpersonal skills essential for conducting effective interviews.

Understand the preparation and summarization process for client interviews.

Recognize the legal and ethical considerations in interviewing, including the handling of client documents and the limitation of paralegal roles.

---

Definitions:

Field Hospitals

Temporary medical units established to provide care and treatment to the sick and wounded near areas of active combat or natural disaster.

Self-Determination

The principle or right of a people to determine their own political status and pursue their own economic, social, and cultural development.

Colonial Arrangements

Refers to the systems and policies established by colonial powers to manage and control their colonies, including governance, economic exploitation, and cultural imposition.

Flu Epidemic

refers to widespread outbreaks of the influenza virus that can affect large populations across multiple continents, such as the 1918 Spanish Flu pandemic.