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schweet schweet
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A year ago
When auditing depreciation expense, the two major concerns related to the accuracy audit objective are

▸ consistent application of depreciation method and useful lives.

▸ consistent application of depreciation method and classification of assets.

▸ correctness of calculations and consistent application of depreciation policies.

▸ cost of the fixed asset and useful lives.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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MspracticalMspractical
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A year ago
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