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    Auditing and Assurance Services Study Set 3
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    Exam 10: Substantive Tests of Transactions and Balances
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    In the Audit of a Medium-Sized Manufacturing Concern, Which One
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In the Audit of a Medium-Sized Manufacturing Concern, Which One

Question 27

Question 27

Multiple Choice

In the audit of a medium-sized manufacturing concern, which one of the following areas would be expected to require the least amount of audit time?


A) Revenue.
B) Owners' equity.
C) Liabilities.
D) Assets.

Correct Answer:

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