2.Which inputs in a material Employee Benefits estimate is most likely the responsibility of the audit team?! a. Employee Census (Data) b. Discount rate (assumption) c. Recalculation of the future benefit obligations (mode) d. Mortality rates (assumption)
2.Which inputs in a material Employee Benefits estimate is most likely the responsibility of the audit team?! a. Employee Census (Data) b. Discount rate (assumption) c. Recalculation of the future benefit obligations (mode) d. Mortality rates (assumption)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter13: Auditing Debt, Equity, And Long-term Liabilities Requiring Management Estimates
Section: Chapter Questions
Problem 35CYBK
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![2.Which inputs in a material Employee Benefits estimate is most likely the responsibility of the audit
team?
a. Employee Census (Data)
b. Discount rate (assumption)
c. Recalculation of the future benefit obligations (mode)
d. Mortality rates (assumption)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F211dcf02-0e50-4cf6-8e37-9026d78c0d47%2Fb1084900-d5c1-486e-b92e-cc2aaf26d9fd%2Fyw94p3n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2.Which inputs in a material Employee Benefits estimate is most likely the responsibility of the audit
team?
a. Employee Census (Data)
b. Discount rate (assumption)
c. Recalculation of the future benefit obligations (mode)
d. Mortality rates (assumption)
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