________ expense is rarely analyzed unless analytical procedures indicate high potential for material misstatement.
A) Repairs and maintenance
B) Legal
C) Utilities
D) Rent and lease

Question

Quizplus · Accepted Answer

Utilities expense is typically consistent and predictable, making it less likely to be analyzed in detail unless there are indications of potential material misstatement.

________ Expense Is Rarely Analyzed Unless Analytical Procedures Indicate High