Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Exercise 14

The substantive analytical procedure known as trend analysis is best described by
A) The comparison, across time or to a benchmark, of relationships between financial statement accounts or between an account and nonfinancial data.
B) Development of a model to form an expectation using financial data, non-financial data, or both to test account balances or changes in account balances between accounting periods.
C) The examination of changes in an account over time.
D) The comparison of common-size financial statements over time.