Select appropriate answer for each categories. a. b. C. d. In this test, the auditor seeks evidence on the reasonableness, consistency, and accuracy of depreciation charges for the period. Enables the auditor to obtain direct personal knowledge of the existence of plant assets. It is possible that assets may be pledged even though invoices for the purchase of property, plant and equipment might be marked "paid. Exists when the cost of a long-lived asset, or group of assets, exceeds its fair value and is not recoverable. Inspect Plant Assets Review Provisions for Depreciation Impairment of Property, Plant and Equipment Confirm if assets have been pledged as collateral for loans eTextbook and Media