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The Permanent (Continuing)file of an Auditor's Working Papers Most Likely

question 29

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The permanent (continuing) file of an auditor's working papers most likely would include copies of the


Definitions:

Property, Plant, and Equipment

Long-term assets used in the production of goods and services, such as buildings, machinery, and vehicles.

Current Liability

A company's debts or obligations that are due to be paid to creditors within one year.

Coming Year

The subsequent year or the next twelve months.

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