Determine whether the amortization period is reasonable

Reference no: EM131046712

In auditing intangible assets, an auditor most likely would review or recompute amortization and determine whether the amortization period is reasonable in support of management's financial statement assertion of:

(A) Valuation or allocation.

(B) Existence or occurrence.

(D) Rights and obligations.

Reference no: EM131046712

Questions Cloud

What is the width of the road : A rectangular park 60 m long and 40 m wide has two concrete crossroads running in the middle of the park and rest of the park has been used as a lawn. If the area of the lawn is 2109 sq. m, then what is the width of the road?

Find the fifth term and explain what this value represents : Suppose you buy a new car for $18,000. At the end of n years, the value of your car is given by the sequence Vn = 18,000(3/4)n, n = 1, 2, 3, ..... Find the fifth term and explain what this value represents

Age of deepak at present : At present, the ratio between the ages of Arun and Deepak is 4 : 3. After 6 years, Arun's age will be 26 years. What is the age of Deepak at present?

Using shifts in supply and demand curves : Using shifts in supply and demand curves, describe a change in the industry in which your firm operates. The change may arise from a change in costs, entry/exit of firms, a change in consumer tastes, a change in the macro economy, a change in inte..

Determine whether the amortization period is reasonable : In auditing intangible assets, an auditor most likely would review or recompute amortization and determine whether the amortization period is reasonable in support of management's financial statement assertion of:

Between the ladder and the ground changing : (a) How fast is the top of the ladder sliding down the wall? (b) At what rate is the area of the triangle formed by the ladder, wall, and the ground changing? (c) At what rate is the angle ! between the ladder and the ground changing?

Cause a shift in the demand curve for product a : Indica te whether the following changes would cause a shift in the demand curve for Product A and, if so, the direction of the shift.

Create a bar chart : Yes, trying to create a bar chart but when entering the percentages into SPSS along with the gender and mental health issue, the result would not display accurately. I need to show the relationship between nonoffenders and offenders, male and fem..

Why were unconventional monetary policy actions needed : In your view, why were unconventional monetary policy actions needed? How could monetary policy have ensured a faster return to the long-run equilibrium? Use the money market and LM curves to show this.

User Account

All Pages