Auditors compare client data with
A) industry data.
B) client-determined expected results.
C) similar prior-period data.
D) all of the above.

Question

Quizplus · Accepted Answer

Auditors compare client data with industry data to determine if the client's financial information is in line with the industry standards. They also compare client data with client-determined expected results to assess the accuracy of the client's estimates. Additionally, they compare current client data with similar prior-period data to identify any significant changes or trends. Therefore, all of the options provided (industry data, client-determined expected results, and similar prior-period data) are used by auditors to compare client data.

Auditors Compare Client Data with