An approximation of a monetary amount in the absence of a precise means of measurement is the
Question:
An approximation of a monetary amount in the absence of a precise means of measurement is the definition of
a. An accounting estimate.
b. Management’s point estimate.
c. Auditor’s point estimate.
d. Estimation uncertainty.
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Related Book For
Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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