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Which of the following isnota weakness of using industry averages for auditing?

kwmusick

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Which of the following isnota weakness of using industry averages for auditing?

Which of the following is not a weakness of using industry averages for auditing?

▸ The industry data are broad averages.

▸ Different companies follow different accounting methods.

▸ They can be helpful in identifying potential misstatements.

▸ All of these are weaknesses.

Textbook

Auditing and Assurance Services

Auditing and Assurance Services

Edition: 17^th

Authors: Arens, Elder, Beasley, Hogan

Read 47 times

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qwasqwas1

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