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You are planning the audit of Cricket Ltd, for the year ended 30 th June 2021. Cricket is a large, multinational mining company operating out

You are planning the audit of Cricket Ltd, for the year ended 30th June 2021. Cricket is a large, multinational mining company operating out of Darwin, Australia, with substantial fixed assets.

Required:

  1. Explain how the auditor could test whether the internal control you listed above effectively safeguards the Completeness assertion for fixed assets at Cricket.

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