You have just joined the public accounting firm of Johnson,Boyd,and Winters upon graduating from the University of High Numbers.You are assigned to the audit of the Wild Notes Company,a manufacturer of electronic musical instruments.Part of your responsibility on the audit will be the examination of the property,plant,and equipment of the client.
Required:
Use your knowledge of financial statements plus your experience in your principles of accounting course to develop a list of questions regarding property,plant,and equipment you feel you should answer as an independent auditor in order to ensure that the statements provide relevant and reliable information to the users of Wild Notes Company's financial statements.
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