Which of the following match-ups of types of analytical procedures and sources of information makes the most

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Which of the following match-ups of types of analytical procedures and sources of information makes the most sense?

TYPE OF ANALYTICAL PROCEDURE                                                                                                                     SOURCE OF INFORMATION

a. Comparison of current account balances with prior-period statistics                                                          Physical production

b. Comparison of current account balances with expected balances                                                               Company’s budgets and forecasts

c. Evaluation of current account balances with relation to predictable historical patterns                           Published industry ratios

d. Evaluation of current account balances in relation to non-financial information                                       Company’s own comparative financial statements

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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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