Which of the following would be considered an analytical procedure? a. Testing purchasing, shipping, and receiving cutoff

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Which of the following would be considered an analytical procedure?

a. Testing purchasing, shipping, and receiving cutoff activities.

b. Comparing inventory balances to recent sales activities.

c. Projecting the deviation rate of a statistical sample to the population.

d. Reconciling physical counts to perpetual records and general ledger balances.

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Question Posted: Oct 27, 2014 05:31 AM

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Which of the following would be considered an analytical procedure? a. Testing purchasing, shipping, and receiving cutoff

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a Incorrect The testing of cutoff activities is an example of a substantive test of details ...View the full answer

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