Which of the following statements about the reliability of data used for analytical procedures is correct? (a)
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Which of the following statements about the reliability of data used for analytical procedures is correct?
(a) Inflation does not affect data reliability.
(b) Data reliability affects the persuasiveness of the evidence from analytical procedures.
(c) Data is more reliable on a consolidated basis than an individual business segment basis.
(d) Data reliability is never affected by the strength of controls over the client’s budgetary processes.
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Related Book For
Auditing A Practical Approach
ISBN: 9780730364573
3rd Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
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