The Waste Management fraud primarily centered around inappropriate estimates of salvage value s and useful lives for

Question:

The Waste Management fraud primarily centered around inappropriate estimates of s and useful lives for property and equipment. Describe techniques Andersen auditors could have used to assess the reasonableness of those estimates used to create Waste Management's financial statements.
Salvage Value
Salvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset’s estimated salvage value is an important...