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Author Question: When comparing client data with similar prior-period data, (Read 30 times)

dusk108

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When comparing client data with similar prior-period data,
◦ if there have been no significant changes in the client's operations in the current year, much of the detail making up the totals in the financial statements should remain unchanged.
◦ comparison of details must take the form of details over time.
◦ comparing totals with previous years considers growth in the business activity.
◦ percent relationships fail to consider declines in the business activity.


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Marked as best answer by dusk108 on Aug 21, 2022

Tester

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dusk108

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


scottmt

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Reply 3 on: Yesterday
:D TYSM

 

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