Top Posters
Since Sunday
V
9
C
7
B
7
7
a
7
S
7
l
7
l
7
j
7
B
7
k
7
s
6
New Topic  
shahabkhon shahabkhon
wrote...
Posts: 42
Rep: 0 0
2 weeks ago
Which of the following is not one of the reasons auditors verify equipment differently from current asset accounts?

▸ There are usually fewer current period acquisitions of equipment.

▸ The amount of any given acquisition is often material.

▸ The equipment is likely to be kept and maintained in the accounting records for several years.

▸ Current assets are subject to liens and encumbrances while equipment is not.
Textbook 

Auditing and Assurance Services


Edition: 17th
Authors:
Read 4 times
1 Reply
Replies
Answer verified by a subject expert
david200095367david200095367
wrote...
Posts: 35
Rep: 0 0
2 weeks ago
Sign in or Sign up in seconds to unlock everything for free
More questions for this book are available here
Current assets are subject to liens and encumbrances while equipment is not.

1

Related Topics

wrote...
Posts: 42
Credits: 208

2 weeks ago
Brilliant
wrote...
Posts: 72
Credits: 40

Yesterday
Thanks
wrote...
Posts: 68
Credits: 30

2 hours ago
This site is awesome
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  117 People Browsing
 237 Signed Up Today
Related Images
 3165
 3275
 164
Your Opinion
What's your favorite math subject?
Votes: 150

Previous poll results: Who's your favorite biologist?