This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Calculating the gross margin for the current audit year as a percent of sales and comparing it with ... (Read 39 times)

billyboy7272

  • Full Member
  • ***
  • Posts: 149
on: Aug 21, 2022

Question 1

Auditors may decide to replace tests of details with analytical procedures when possible because the
◦ analytical procedures are more reliable.
◦ analytical procedures are considerably less expensive.
◦ analytical procedures are more persuasive.
◦ tests of details are more difficult to interpret.

Question 2

Calculating the gross margin for the current audit year as a percent of sales and comparing it with previous years is what type of evidence?
◦ physical examination
◦ analytical procedures
◦ observation
◦ inquiry
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by billyboy7272 on Aug 21, 2022

senorfranco

  • Full Member
  • ***
  • Posts: 164
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.
Answer Preview
Only 35% of students answer this correctly


billyboy7272

  • Member
  • Posts: 149
Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Comparing the extracellular environments of plants and animals Comparing the extracellular environments of plants and animals
Gross anatomy of the heart Gross anatomy of the heart
Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ... Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ...
What is the current flowing through the resistor? What is the current flowing through the resistor?
Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ... Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ...
Calculating the remainder on a calculator (Casio) Calculating the remainder on a calculator (Casio)
Video: Renal Failure

For a complete list of videos, visit our video library