In testing property,plant and equipment the scope and extent of testing can vary based on the complexity of assets utilized,the difficulty of estimating useful life,and the risk associated with the client.

Question

Quizplus · Accepted Answer

The scope and extent of testing for property, plant and equipment depends on factors such as complexity, useful life estimate and client risk. Therefore, the statement is true.

In Testing Property,plant and Equipment the Scope and Extent of Testing