Tuesday, September 20, 2016

Trucks


Which one of the following is an assumption required by the auditor's reasoning?

Auditor: XYZ, a construction company, purchased 20 new trucks 3 years ago, and there is no record of any of those trucks being sold last year. Records indicate, however, that XYZ sold off all of its diesel-powered trucks last year. We can thus conclude that none of the 20 trucks purchased 3 years ago were diesel powered.

Answer: None of the 20 trucks was sold before last year.

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