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Verifying the balances of property-plant and equipment

Response to the following problem:

Explain the relationship between substantive tests of transactions for the acquisition and payment cycle and tests of details of balances for the verification of property, plant, and equipment. Which aspects of property, plant, and equipment are directly affected by the tests of controls and substantive tests of transactions and which are not?

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Auditing: Verifying the balances of property-plant and equipment

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