Which of the following best describes the most important stage of an auditor's statistical analysis of significant
Question:
Which of the following best describes the most important stage of an auditor's statistical analysis of significant ratios and trends?
a. Computation of significant ratios and trends.
b. Reconciliation of statistical data to the client's accounting ratios.
c. Interpretation of significant variations and unusual relationships.
d. Comparison of statistical data to prior-year statistics and to similar data published by government and private sources.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Auditing An Assertions Approach
ISBN: 9780471134213
7th Edition
Authors: G. William Glezen, Donald H. Taylor
Question Posted: