Which of the Following Would Generally Not Be a Component

Question 5
Multiple Choice

Which of the following would generally not be a component of the audit of the acquisition and payment cycle? A) Adequacy of controls over acquisitions of long-lived assets B) Tracing disposals of long-lived assets to the fixed asset master file C) Determining the adequacy of the funds available for capital expenditures D) Reperformance of recorded depreciation expense