Which of the following is not a basic approach often used by auditors to evaluate the reasonableness of accounting estimates? A)Observation of procedures. B)Review of management's process of development. C)Independent development of an estimate. D)Review of subsequent events.

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Observation of procedures is not typically a basic approach used by auditors to evaluate the reasonableness of accounting estimates. Instead, auditors often review management's process, independently develop an estimate, or review subsequent events to assess estimates.

Which of the Following Is Not a Basic Approach Often