11. To test the effectiveness of controls over asset impairment, the auditor could perform which of the following procedures? a. Perform analytical procedures. b. Send confirmations to the management specialist who performed work related to the impairment. c. Inquire of management as to its process for determining assessment impairment. d. Inspect the asset for potential impairment.

11. To test the effectiveness of controls over asset impairment, the auditor could perform which of the following procedures? a. Perform analytical procedures. b. Send confirmations to the management specialist who performed work related to the impairment. c. Inquire of management as to its process for determining assessment impairment. d. Inspect the asset for potential impairment.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter12: Auditing Long-lived Assets And Merger And Acquisition Activity

Section: Chapter Questions

Problem 28CYBK

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