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AL0354335 AL0354335
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Methods used to determine if there are legal encumbrances related to fixed assets include all but which of the following?

▸ Read the terms of loan and credit agreements.

▸ Send loan confirmation requests to banks and other lending institutions.

▸ Have discussions with the client or send letters to legal counsel.

▸ All of these may be used to identify legal encumbrances.
Textbook 

Auditing and Assurance Services


Edition: 17th
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wonton1wonton1
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All of these may be used to identify legal encumbrances.

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This helped my grade so much Perfect
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Good timing, thanks!
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