Multiple Choice
Which of the following is an analytical procedure that an auditor most likely would perform when planning an audit?
A) Confirming bank balances with the financial institutions.
B) Scanning accounts receivable for amounts over credit limits.
C) Recalculating inventory extensions of physical inventory counts.
D) Comparing the current-year account balances for conformity with predictable patterns.
Correct Answer:
Verified
Correct Answer:
Verified
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