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npeelman npeelman
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6 years ago
There are many types of analytical procedures that the auditor can conduct during the planning stage of the financial statement audit. What is the purpose of calculating key ratios for the client's business and comparing them with industry averages?
A) understand the client's industry and business
B) assess going concern
C) indicate possible misstatements
D) reduce detailed tests
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Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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victroxvictrox
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#1
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6 years ago
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npeelman Author
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6 years ago
Good timing, thanks!
jmendoza
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Yesterday
this is exactly what I needed
shelbycox
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2 hours ago
Thanks for your help!!
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