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You agree the net book value at the beginning of the period to the prior year PPE sub-ledger. Which step are you performing in the
You agree the net book value at the beginning of the period to the prior year PPE sub-ledger. Which step are you performing in the depreciation expense recalculation? Recalculate the depreciation expense. Compare the recalculated amounts to the amount recorded in the property, plant and equipment system. Inspect the data used in the calculation to relevant documentation. Review the audit file for disconfirming evidence
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