In developing relationships among balance sheet accounts when reviewing the financial statements of anentity, what type of analytical procedure would an auditor most likely use? Select one:   a. Ratio analysis. b. Trend analysis. c. Risk analysis. d. Regression analysis.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In developing relationships among balance sheet accounts when reviewing the financial statements of an
entity, what type of analytical procedure would an auditor most likely use? Select one:

 

a.
Ratio analysis.
b.
Trend analysis.
c.
Risk analysis.
d.
Regression analysis.
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