Question 12 Combine the regression analyses results with those from all of the previous questions and...
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Question 12 Combine the regression analyses results with those from all of the previous questions and discuss the stores you believe should be investigated further by the auditor because they have the highest likelihood of material misstatement in sales revenue. For example, you might list each of the store numbers and have columns for each of the tests you did. Then mark which ones were identified as at higher risk (use a 5% tolerable misstatement for the regression analysis). Include the table in your Word document and provide a two sentence discussion of your results. Think critically about this, understanding that any store you highlight will require additional audit hours for investigation. (3 points) Question 12 Combine the regression analyses results with those from all of the previous questions and discuss the stores you believe should be investigated further by the auditor because they have the highest likelihood of material misstatement in sales revenue. For example, you might list each of the store numbers and have columns for each of the tests you did. Then mark which ones were identified as at higher risk (use a 5% tolerable misstatement for the regression analysis). Include the table in your Word document and provide a two sentence discussion of your results. Think critically about this, understanding that any store you highlight will require additional audit hours for investigation. (3 points)
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Auditing Cases An Interactive Learning Approach
ISBN: 978-0132423502
4th Edition
Authors: Steven M Glover, Douglas F Prawitt
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