An auditor testing long-term investments would ordinarily use analytical procedures to ascertain the reasonableness of the a.

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An auditor testing long-term investments would ordinarily use analytical procedures to ascertain the reasonableness of the

a. Existence of unrealized gains or losses in the portfolio.

b. Completeness of recorded investment income.

c. Classification between current and noncurrent portfolios.

d. Valuation of marketable equity securities.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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