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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 26
Which of the following would be considered an analytical procedure?
A) Testing purchasing, shipping, and receiving cutoff activities.
B) Comparing inventory balances to recent sales activities.
C) Projecting the deviation rate of a statistical sample to the population.
D) Reconciling physical counts to perpetual records and general ledger balances.
A) Testing purchasing, shipping, and receiving cutoff activities.
B) Comparing inventory balances to recent sales activities.
C) Projecting the deviation rate of a statistical sample to the population.
D) Reconciling physical counts to perpetual records and general ledger balances.
Explanation
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Analytical procedures involve the audito...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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