Question
In evaluating an entity's accounting estimates, one of the auditor's objectives is to determine whether the estimates are A. Prepared in a satisfactory control environment
In evaluating an entity's accounting estimates, one of the auditor's objectives is to determine whether the estimates are
A. Prepared in a satisfactory control environment
B. Consistent with industry guidelines
C. Based on verifiable objection assumptions
D. Reasonable in the circumstances.
Thanks!
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith
7th edition
1118983270, 978-1119175025, 111917502X, 978-1119175001, 978-1118983270
