Question
Question 16 One audit procedure commonly used by auditors is ratio analysis . How is this procedure useful? a. To expose management fraud. b. Identifying
Question 16
One audit procedure commonly used by auditors is ratio analysis. How is this procedure useful?
| a. | To expose management fraud. |
| b. | Identifying potential audit issues when ratios change significantly from year over year. |
| c. | Identifying significant differences between the clients ratios and those of industry norms. |
| d. | Both b and c. |
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Management Audit Maximizing Your Companys Efficiency And Effectiveness
Authors: John Nolan
1st Edition
0801975581, 978-0801975585
