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Which of the following audit procedures reflect the MOST appropriate use of a substantive analytical procedure? Group of answer choices Comparing the most recent sales
Which of the following audit procedures reflect the MOST appropriate use of a substantive analytical procedure? Group of answer choices Comparing the most recent sales price of an inventory item to its cost, to determine its NRV. Comparing interest charge for the period recorded by the client to that recorded in monthly bank statements received by the client from their bank. Comparing revenue across clients regional operations to determine allocation of audit resources including staff attendance
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