Which of the following best describes the independent auditor's approach to obtaining satisfaction concerning depreciation expense in the income statement? a.Review the mathematical accuracy of the amounts charged to income as a result of depreciation expens b.Determine the method of computing depreciation expense and ascertain that it is in accordance with generally accepted accounting principle c.Support the basis of depreciable assets and the depreciation expens d.Reconcile the amount of depreciation expense to those amounts credited to accumulated depreciation account e.Select a sample of equipment items in the manufacturing facility and vouch back to the recorded subsidiary ledge r.s.e.s.e.ry ledger.
Which of the following best describes the independent auditor's approach to obtaining satisfaction concerning
a.Review the mathematical accuracy of the amounts charged to income as a result of depreciation expens
b.Determine the method of computing depreciation expense and ascertain that it is in accordance with generally accepted accounting principle
c.Support the basis of depreciable assets and the depreciation expens
d.Reconcile the amount of depreciation expense to those amounts credited to
e.Select a sample of equipment items in the manufacturing facility and vouch back to the recorded subsidiary ledge
r.s.e.s.e.ry ledger.
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