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Author Question: Because the failure to record disposals of property, plant, and equipment can significantly affect ... (Read 82 times)

urmomsucks

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on: Aug 21, 2022
Because the failure to record disposals of property, plant, and equipment can significantly affect the financial statements, the search for unrecorded disposals is essential. Which of the following is not a procedure used to verify disposals?
◦ Make inquiries of management and production personnel about the possibility of the disposal of assets.
◦ Review whether newly acquired assets replace existing assets.
◦ Test the valuation of fixed assets recorded in prior periods.
◦ Review plant modifications and changes in product line, property taxes, or insurance coverage.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by urmomsucks on Aug 21, 2022

Sha

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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urmomsucks

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

Kedrick2014

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Reply 3 on: Yesterday
Excellent

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