Which of the following best describes trend analysis? a. expressing each years figures as a percentage of
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Question:
Which of the following best describes trend analysis?
a. expressing each year’s figures as a percentage of the baseyear figures.
b. comparing a company’s financial statements with that of othercompanies.
c. calculating key ratios to evaluate performance
d. expressing each figure as a percentage of a budgetfigure
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Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
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