inherent risk
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![3. Which of the following is not an inherent risk related to long-lived asset.
accounts?
a. Failing to record asset disposals.
b. `Capitalizing repairs and maintenance expense.
c. Changing depreciation estimates to manage earnings.
d. All of the above.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6341a338-12d5-4693-a892-e9f5810e9eff%2F3d350cb6-3d7f-431c-8c96-729e00e946c9%2Fgwxx2mu_processed.png&w=3840&q=75)
Transcribed Image Text:3. Which of the following is not an inherent risk related to long-lived asset.
accounts?
a. Failing to record asset disposals.
b. `Capitalizing repairs and maintenance expense.
c. Changing depreciation estimates to manage earnings.
d. All of the above.
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