Solved

An Auditor Generally Concludes That a Client's Estimate Is Appropriate

Question 60

Multiple Choice

An auditor generally concludes that a client's estimate is appropriate if:


A) it is consistent with a prior year amount.
B) the underlying amount is not known with certainty.
C) it is within a range of acceptable amounts.
D) the underlying assumptions are subjective.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions