In the audit of property, plant and equipment, it is helpful to separate the tests into all of the following categories EXCEPT:
A) verification of the beginning balance.
B) verification of the ending balance.
C) verification of current year disposals.
D) verification of current year acquisitions.

Question

Quizplus · Accepted Answer

Verification of the beginning balance is not typically a separate category in the audit of property, plant, and equipment, as it is usually covered in the verification of the ending balance and current year transactions.

In the Audit of Property, Plant and Equipment, It Is