Kendal, CPA is performing an audit on ABC Incorporated. Kendal is gathering evidence on an estimate recorded by management. Kendal develops an estimated value or range for this estimate and then compares it to the estimate recorded by management for reasonableness. This is known as Select answer from the options below Re-performing analytical procedures. Developing a point estimate. Performing a testing of control. Obtaining evidence to impact the timing of audit procedures.

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Developing a Point Estimate In auditing ABC Incorporated Kendal CPA while reviewing one of the estim... View the full answer