(c) Briefly describe the principal audit work to be performed in respect of the carrying amount of the following
items in the balance sheet:
(i) development expenditure on the Fox model; (3 marks)
(c) Briefly describe the principal audit work to be performed in respect of the carrying amount of the following
items in the balance sheet:
(i) development expenditure on the Fox model; (3 marks)
(c) Principal audit work(i) Development expenditure on the Fox model■ Agree opening balance, $6·3 million, to prior year working papers.■ Physically inspect assembly plant/factory where the Fox is being developed and any vehicles so far manufactured(e.g.
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