You have been assigned to the substantive testing of the plant assets of B Company.
REQUIRED: Describe the basic procedural steps that would be necessary in performing the following types of tests:
1.Obtain an understanding of the business and industry.
2.Inspect plant assets.

Question

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The Answer of You have been assigned to the substantive testing of the plant assets of B Company.
REQUIRED: Describe the basic procedural steps that would be necessary in performing the following types of tests:
1.Obtain an understanding of the business and industry.
2.Inspect plant assets.

You Have Been Assigned to the Substantive Testing of the Plant