Which of the following in a predecessor's audit documentation is the auditor least likely to be interested in reviewing?

Hastings Corporation has purchased a group of assets for $25,000

The assets and their relative market values are listed below. Land $6,800 Equipment 2,900 Building 3,800 Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $4,500 B) $12,500 C) $5,250 D) $7,000

Which of the following statements best defines an "organization"?

A) A social convention for accomplishing individual goals through group effort. B) A collection of formally organized social entities. C) A social invention for accomplishing common goals through group effort. D) A combination of people and physical capital designed to accomplish a common goal. E) A group which accomplishes common goals through social interactions and individual effort.