Which of the following control activities would most likely allow for a reduction in the scope of the auditor\'s tests of depreciation expense?

Ibrahimhamm

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2022-06-30

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Which of the following control activities would most likely allow for a reduction in the scope of the auditor's tests of depreciation expense?

review and approval of the periodic equipment depreciation entry by a supervisor who does not actively participate in its preparation
comparison of equipment account balances for the current year with the current year budget and prior year actual balances
review of the miscellaneous income account for salvage credits and scrap sales of partially depreciated equipment
authorization of payment of vendor\'s invoices by a designated employee who is independent of the equipment-receiving function

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Ibrahimhamm

2022-06-30

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A. review and approval of the periodic equipment depreciation entry by a supervisor who does not actively participate in its preparation

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