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6.Among analytical procedures commonly used to audit the revenue cycle, what is the audit significance of the sales to capacity ratio? A. Assessing the reasonableness
6.Among analytical procedures commonly used to audit the revenue cycle, what is the audit significance of the sales to capacity ratio?
A. Assessing the reasonableness of total revenues | ||
B. Comparing manufacturing to other asset-based companies | ||
C. Evaluating the reasonableness of uncollectible accounts expense | ||
D. Evaluating the reasonableness of prior periods uncollectible accounts expense |
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