46 The auditor should test for unrecorded retirements of properties by _______________. This procedure is relevant for validating the __________ assertion over the properties. Group of answer choices...


46


The auditor should test for unrecorded retirements of properties by _______________. This procedure is relevant for validating the __________ assertion over the properties.


Group of answer choices

Tracing physical assets observed while conducting an ocular inspection to the records; completeness.



Vouching items in the property records to the acquisition source documents; existence.



Recomputing the depreciation charges on the properties; valuation.



Selecting items in the property records and then tracing them back to the physical assets while conducting an ocular inspection of the properties, existence.




Jun 10, 2022
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