Why is a control risk assessment rarely performed for property, plant, and equipment?

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Auditing A Practical Approach

ISBN: 9781118878415

1st Extended Canadian Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren

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Question Posted: Feb 16, 2024 03:00 PM

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Why is a control risk assessment rarely performed for property, plant, and equipment?

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A control risk assessment is rarely performed for property plant and equipment PPE because the control environment and the nature of PPE transactions often make it impractical or ineffective to rely s...View the full answer

Auditing A Practical Approach

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