Your new staff assistant informed you that he has completed the audit of depreciation expense, and on
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Your new staff assistant informed you that he has completed the audit of depreciation expense, and on review of his work you find that it consisted of checking the clerical accuracy of the multiplication of the depreciation rate times the asset balance. What additional factors should he have considered in the audit of depreciation expense?
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Checking the clerical accuracy of the multiplication of the depreciation rate times the asset balance is only one aspect of auditing depreciation expe...View the full answer
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Muhammad Umair
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Related Book For 
Auditing Integrated Concepts And Procedures
ISBN: 9781260299397
5th Edition
Authors: Donald H. Taylor, G. William Glezen
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