Question
When an auditor uses judgement to estimate what the balance in an account should be, the most important thing is that his method of estimation
When an auditor uses judgement to estimate what the balance in an account should be, the most important thing is that his method of estimation must
| A) have been used in previous year's audit | ||
| B) be logical | ||
| C) generate a result within the level of materiality for the account being tested | ||
| D) be approved by the AICPA |
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0077804770, 78025613, 77804775, 978-0078025617
