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49) An auditor notes the presence of excessive recurring losses on asset disposals. As a result, th may conclude that: A. Insured values are greater

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49) An auditor notes the presence of excessive recurring losses on asset disposals. As a result, th may conclude that: A. Insured values are greater than book values B. The client's depreciation expense may be understated C. There are a large number of fully depreciated assets D. The net book value of fixed assets is too low

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