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 current year disposals.
B) verification of the beginning balance.
C) verification of current year acquisitions.
D) verification of the ending balance.

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 by verifying the ending balance of the previous period.

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