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    Auditing Assurance Services Study Set 1
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    Exam 15: Audit of Transaction Cycles and Financial Statement Balances I
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    Comparing Expenses to Prior Years' Expenses Is an Effective Analytical
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Comparing Expenses to Prior Years' Expenses Is an Effective Analytical

Question 54

Question 54

Multiple Choice

Comparing expenses to prior years' expenses is an effective analytical procedure for accounts payable because expenses from year to year are:


A) variable.
B) dynamic.
C) relatively stable.
D) erratic.

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