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Auditors inspect all purchase invoices and contracts for equipment as they suspect some maintenance expense has been incorrectly capitalised. The audit objective is: The type
Auditors inspect all purchase invoices and contracts for equipment as they suspect some maintenance expense has been incorrectly capitalised. The audit objective is: The type of audit evidence is: Existence Accuracy Completeness Occurrence Realisable value Right and obligation Detail tie-in Posting and summarisation Classification External confirmation Inquiry of the client Observation Physical examination Analytical procedure Documentation Re-calculation Re-performance
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