Question: When performing procedures to identify and assess the risks of material misstatement for accounting estimates. t a ) review transactions occurring prion to the date

When performing procedures to identify and assess the risks of material misstatement for accounting estimates. t
a) review transactions occurring prion to the date of the auditor's report that indicate variations from expectations.
b) compare independent expectations with recorded estimates to assess management's process.
c) obtain an understanding of how management developed its estimates.
d) analyze historical data used in developing assumptions to determine whether the process is consistent.
 When performing procedures to identify and assess the risks of material

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