misstatement of licenses

Because to inspect the licence is primarily to confirm its existence/ownership and although that will indicate a term - you'd still have to make a calculation whether the amortisation is materially misstated. Whereas to calculate what it should be immediately gives you a $ amount against which to make a comparison. Note that "most" Qs should not be so subjective in the real exam https://opentuition.com/topic/mtqs-gudance