Question: When evaluating whether accounting estimates made by management are reasonable, the audit team would be most concerned about which of the following? Multiple Choice Assumptions

When evaluating whether accounting estimates made by management are reasonable, the audit team would be most concerned about which of the following?
Multiple Choice
Assumptions that are similar to industry guidelines
Measurements that are objective and not susceptible to bias
Key factors that are consistent with prior periods
Evidence of a conservative systematic bias

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