Analytical Procedurare Not Widely Used in the Audit of Property

question 17

Multiple Choice

Analytical procedurare not widely used in the audit of property, plant, and equipment. Which of the following is not a valid comment about the use of analytical procedurin the audit of PPE?

• A) compare the annual depreciation charge with the cost of an asset to approximate the depreciation rate.
• B) a substantial asset balance variation can be caused by one or a few transactions of which the auditor is likely to already be aware.
• C) comparison of repairs expense with prior years may indicate capitalisation in error.
• D) none of the above is invalid

---

Definitions:

Invasion Of Privacy

Unauthorized and undesired disclosure of private information or intrusion into someone's personal space or affairs.

Publishing Photos

The process of making photographs available to the public, typically through print or digital platforms.

PR Profession

The field of Public Relations, which involves managing and influencing public perceptions and maintaining a positive reputation for individuals, organizations, or products through strategic communication.

Public Respect

The admiration and esteem that the public feels towards an individual or organization, often due to their actions, ethics, or contributions to the community.