The Auditor Is Least Likely to Discover Unrecorded Retirements of Property

question 37

Multiple Choice

The auditor is least likely to discover unrecorded retirements of property, plant and equipment assets by

• A) analyzing the miscellaneous revenue account.
• B) investigating the disposition of facilities associated with discontinued product lines.
• C) selecting retirement work orders from the accounting records and verifying their accuracy.
• D) reviewing insurance policies for termination or reductions of coverage.

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Definitions:

Combo Box Wizard

A tool in software applications that guides users through the steps of creating a combo box, which combines a text box with a list box.

Values

Specific data points stored in a database's fields, representing attributes of objects or entities.

Report Design View

Report Design View is a feature in database software that allows users to create, design, and modify reports visually, laying out elements such as fields, labels, and graphics.

Check Box

A graphical user interface widget that permits the user to make a binary choice, typically represented as a square box that is either checked or unchecked.