suppose you are an auditor of a large multinational company. You notice that therehave been large fluctuations in this company's PPE for the past five years, as follows:2016: PPE is $150 million2017: PPE is $320 million2018: PPE is $175 million2019: PPE is $100 million2020: PPE is $250 millionPlease describe some concerns that you might have for the company.In a response post, now pretend you are the CEO of the multinational company. Pleaseaddress the concerns raised in another student's initial post, and provide some reasonsfor the large fluctuations in PPE that would not alarm your auditor and investors.

PPE-Property, plant, and equipment is termed under long term assets held by the businesses which…

Please describe some concerns that you might have for the company. In a response post, now pretend you are the CEO of the multinational company. Please address the concerns raised in another student's initial post, and provide some reasons for the large fluctuations in PPE that would not alarm your auditor and investors.

Please describe some concerns that you might have for the company. In a response post, now pretend you are the CEO of the multinational company. Please address the concerns raised in another student's initial post, and provide some reasons for the large fluctuations in PPE that would not alarm your auditor and investors.

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter22: Master Budget (master)

Section: Chapter Questions

Problem 4R: Suppose the company has to revise its estimates because of a downturn in the economy. Unit sales for...

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