Question: Auditors should consider the fixed asset class into which asset additions are placed because: Question 1 3 options: none of the considerations above should be

Auditors should consider the fixed asset class into which asset additions are placed because:
Question 13 options:
none of the considerations above should be made by the auditor
residual values may differ across asset classes, causing misstated depreciation expense
useful lives may differ across asset classes, causing misstated depreciation expenses
the amount of historical cost may differ across asset classes

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