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Once the Initial Audit of a Newly Constructed Industrial Plant

Question 12

Multiple Choice

Once the initial audit of a newly constructed industrial plant has been performed, with respect to consistency, which of the following is of least concern to the continuing auditor in the following year?


A) Prior years' depreciable life.
B) Prior years' depreciation methods.
C) Prior years' capitalization costs.
D) Prior years' capitalization policy.

Correct Answer:

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