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Author Question: An example of an analytical procedure performed by the auditor includes an inventory pricing test ... (Read 21 times)

fungirl

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on: Aug 21, 2022

Question 1

Which of the following is not a weakness of using industry averages for auditing?
◦ The industry data are broad averages.
◦ Different companies follow different accounting methods.
◦ They can be helpful in identifying potential misstatements.
◦ All of these are weaknesses.

Question 2

An example of an analytical procedure performed by the auditor includes an inventory pricing test which may identify the need for special care while performing substantive audit procedures on the inventory account balance.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by fungirl on Aug 21, 2022

Deonnak85

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fungirl

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

vickyvicksss

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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