Multiple Choice
Industry comparisons can be used as
A) an aid to understanding the client's business.
B) an indicator of errors.
C) an indicator of fraud.
D) an aid to internal controls.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q73: The usefulness of analytical procedures as audit
Q74: The most widely used profitability ratio is
Q75: It is essential that the detail on
Q76: The primary purpose of audit procedures is
Q77: Auditors use trends in the inventory turnover
Q79: An example of less persuasive evidence to
Q80: Audit evidence obtained directly by the auditor
Q81: An example of a supporting schedule is
Q82: An example of a document the auditor
Q83: A(n) _ is a supporting schedule that