One procedure for determining the existence of property and equipment is physical observation, although other methods may
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One procedure for determining the existence of property and equipment is physical observation, although other methods may be as effective in some cases. Discuss means of gathering evidence as to the physical existence of the following property and equipment items, other than direct observation.
a. A producing oil well.
b. An apartment building.
c. An automobile,
d. A mineral lease.
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Related Book For
Auditing An Assertions Approach
ISBN: 9780471134213
7th Edition
Authors: G. William Glezen, Donald H. Taylor
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