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Commerce · Q41

Auditing

Graduate and Post Graduate · Commerce · question 41

Q41

An analysis of fixed assets account has revealed possibility of unrecorded sale of plant and machinery. Which of the following audit procedures may be adopted to discover it?

A.
Examination of property tax files
B.
Inquiry of plant manager
C.
Examination of debits to accumulated depreciation
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
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