The nature of any adjustment depends on how wide the range is,as was first noted by Cockburn.Whether the reasonable range (RR)is sufficiently narrow is determined by the level of acceptable accounting risk (AccR).What are the generic rules of thumb for high-assurance engagements involving reasonable ranges that capture high probabilities of future outcomes?

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The Answer of The nature of any adjustment depends on how wide the range is,as was first noted by Cockburn.Whether the reasonable range (RR)is sufficiently narrow is determined by the level of acceptable accounting risk (AccR).What are the generic rules of thumb for high-assurance engagements involving reasonable ranges that capture high probabilities of future outcomes?

The Nature of Any Adjustment Depends on How Wide the Range