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Author Question: Calculating the gross margin for the current audit year as a percent of sales and comparing it with ... (Read 69 times)

billyboy7272

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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
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Marked as best answer by billyboy7272 on Aug 21, 2022

senorfranco

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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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billyboy7272

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

bulacsom

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

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