Which of the following would not ordinarily be used as a benchmark when using analytical procedures to
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Question:
Which of the following would not ordinarily be used as a benchmark when using analytical procedures to verify the overall reasonableness of revenue and expense accounts?
- Current-year recorded (unaudited) balances.
- Expected balances using a statistical analysis or relationship among accounts
- Internal budgets and reports.
- Prior-year balances.
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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