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Which of the following procedures is an auditor most likely to use to test the completeness assertion for fixed assets? A. Comparison of items listed
Which of the following procedures is an auditor most likely to use to test the completeness assertion for fixed assets? A. Comparison of items listed in the fixed asset ledger to actual assets observed by the auditor. B. Review of large items charged to repairs and maintenance. C. Recalculation of depreciation on fixed assets. D. Comparison of assets acquired during the year to the approved capital budget
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