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12-53 LO 8 What audit procedures might an auditor use to identify fully depreciated equipment?… 1 answer below » 12-53 LO 8 What audit procedures might an auditor use to identify fully depreciated equipment? How might the auditor determine that such equipment is properly valued? 12-54 LO 8 A client has a policy manual that categorizes equipment by type and assigns a depreciation life based on the categorization. All equipment in a category is depreciated using the same depreciation method. How does the auditor determine the reasonableness of the client’s approach? Nov 30 2015 05:13 PM
