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merrisara merrisara
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A year ago
The auditor is testing for unrecorded retirements/disposals of equipment. Which of the following audit procedures would the auditor most likely use?

▸ Select items from the fixed asset master file and then physically locate them.

▸ Examine the repairs and maintenance amount for large debits.

▸ Compare current year's depreciation expense with the previous year's depreciation expense.

▸ Trace acquisition documents to the fixed asset master file.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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scmhackscmhack
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A year ago
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Just got PERFECT on my quiz
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You make an excellent tutor!
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