A purpose of reviewing first quarter financial results during audit planning is to: a. Identify unexpected fluctuations

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A purpose of reviewing first quarter financial results during audit planning is to:

a. Identify unexpected fluctuations occurring in account balances since the prior year financial statements.

b. Become familiar with accounts likely to appear in the financial statements.

c. Plan evidence to be gathered in auditing accounts that are new to the first quarter financial statements.

d. Assess first quarter financial position, results of operations, and cash flows.

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Auditing And Assurance Services

ISBN: 9780538869522

5th Edition

Authors: David Ricchiute

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Question Posted: May 03, 2024 02:01 AM

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A purpose of reviewing first quarter financial results during audit planning is to: a. Identify unexpected fluctuations

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Auditing And Assurance Services

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