Multiple Choice
Calculating the gross margin for the current year under audit as a percent of sales and comparing it with previous years is what type of evidence?
A) Physical examination
B) Analytical procedures
C) Observation
D) Inquiry
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: Appropriateness of evidence is a measure of
Q49: Auditor judgment is the primary determinant in
Q72: Which of the following statements relating to
Q75: You are auditing the company's purchasing process
Q78: Audit evidence has two primary qualities for
Q80: When preparing and organizing audit files:<br>A)The rules
Q81: Which of the following generally provides the
Q95: Audit documents<br>A) are kept by the client
Q103: Physical examination<br>A) is a direct means of
Q132: All evidence must have the same level