1. which of the following would not typically be a specific relevant assertion about fixed asset accounts? a. fixed Assets in the accounts exist and are in productive use b. not carrying book values in the accounts are reflected at current market values c. depreciation has been calculated properly using accepted methods and reasonable estimates of useful life and other factors d. fixed assets are properly classified in the balance sheet under appropriate descriptive captions

2. which of the following would not be included in the supporting documents for a voucher? a. purchase order b. vendor invoice c. receiving report d. blank check