Question: Assume that performance materiality has been set at $ 1 3 0 , 0 0 0 for the purpose of this analytical procedure. Prepare and
Assume that performance materiality has been set at $ for the purpose of this analytical procedure. Prepare and appropriately document an analytical procedure testing the reported sales revenue of $ and answer the following questions:
Required:
What is your best estimate of football ticket revenue using the clients average ticket sales and prices provided in the case? Do not use the actual data for this calculation.
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