Audit documentation that shows the detailed evidence and procedures regarding the balance in the accumulated depreciation account for the year under audit will be found in the

Question

Quizplus · Accepted Answer

The current file evidence audit documentation contains the detailed evidence and procedures regarding the balance in the accumulated depreciation account for the year under audit as it is specific to the current year's audit. The permanent file audit documentation contains past information and is not likely to include evidence for a specific account balance for the current year. Administrative audit documentation in the current file and planning memorandum in the current file may provide additional information but are unlikely to contain detailed evidence and procedures for a specific account balance.

Audit Documentation That Shows the Detailed Evidence and Procedures Regarding