Which of the following best describes the most important stage of an auditor's statistical analysis of significant

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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.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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