Question
The auditor develops expectations or predictions of recorded balances and ratios when developing and performing analytics procedures. What are the best sources of information to
The auditor develops expectations or predictions of recorded balances and ratios when developing and performing analytics procedures. What are the best sources of information to develop analytical procedures? (Include all that might apply).
- A. Financial information from comparable period(s). Anticipated results. Relationships among Elements of Financial Information. Averages and results from other industries. Relationships between financial and relevant nonfinancial information.
- B. Financial information from comparable period(s). Anticipated results. Relationships among Elements of Financial Information. Industry Averages.
- C. Financial information from forecasted future amounts. Anticipated results. Relationships among Elements of Financial Information. Industry Averages. Relationships between financial and relevant nonfinancial information.
- D. Financial information from comparable period(s). Anticipated results. Relationships among Elements of Financial Information. Industry Averages. Relationships between financial and relevant nonfinancial information.
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Management Accounting Information For Decision Making
Authors: Anthony A. Atkinson
7th Edition
1618533517, 9781618533517
