Which of the following disclosures must be included in the notes to the financial statements?
Which of the following disclosures must be included in the notes to the financial statements?
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter12: Auditing Long-lived Assets And Merger And Acquisition Activity
Section: Chapter Questions
Problem 20CYBK
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Which of the following disclosures must be included in the notes to the financial statements?
- the model numbers of each
depreciable asset. - the methods used in computing depreciation for each major class of depreciable asset.
- the rate of return on investment for each major class of depreciable asset.
- all of these choices.
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