Question
When auditing the PP&E account, if the company being audited has: PP&E that consists of land and large buildings, PP&E typically lasts for 10-20 years,
When auditing the PP&E account, if the company being audited has: PP&E that consists of land and large buildings, PP&E typically lasts for 10-20 years, and there are minimal number of repairs, purchases or depositions then the Inherent risk for the existence/occurence assertion would be set to:"
Low
Maximum
medium
High
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Health And Safety Environment And Quality Audits
Authors: Stephen Asbury
1st Edition
9780750680264, 978-0750680264
