EBK PRINCIPLES OF AUDITING & OTHER ASSU
EBK PRINCIPLES OF AUDITING & OTHER ASSU
21st Edition
ISBN: 9781260299434
Author: WHITTINGTON
Publisher: YUZU
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Chapter 12, Problem 28QRA

Grandview Manufacturing Company employs standard costs in its cost accounting system. List the audit procedures that you would apply to ascertain that Grandview’s standard costs and related variance amounts are acceptable and have not distorted the financial statements. (Confine your audit procedures to those applicable to raw materials.)

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EBK PRINCIPLES OF AUDITING & OTHER ASSU

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What is variance analysis?; Author: Corporate finance institute;https://www.youtube.com/watch?v=SMTa1lZu7Qw;License: Standard YouTube License, CC-BY