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Question 16 Question 16 of 62 10 points Save Answer Mustafa company sells specialized equipment around the world. Use the following information to perform a
Question 16 Question 16 of 62 10 points Save Answer Mustafa company sells specialized equipment around the world. Use the following information to perform a reasonableness analytic Product A- Average Price of product (last year) [510,000 per Product), Average # of sales per week (last year) (15 products sold per weekl. Price increase (decrease) of product (this year) (10%) Product B- Average Price of product (last year)[$20,000 per Product). Average # of sales per week (last year) (20 products sold per week]. Price increase (decrease) of product (this year) (15%) Product C- Average Price of product (last year) [530,000 per Product), Average # of sales per week (last year) (3 products sold per week). Price increase (decrease) of product this year) -33%) Assume the economy is the same as last year and that sales in the industry are consistent with prior year There are 52 weeks in the year and the company is open every week of the year This reasonableness analytic would probably be best used in which phase of the audit. (A. Planning, B. Substantive, C. Completion) Pick 1 letter only (A, B or C). A. Planning B. Substantive C. Completion TT T Arial 3 [12pt) T
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