Which of the following nonfinancial information would an auditor most likely consider in performing analytical procedures during the planning phase of an audit?
A)Turnover of personnel in the accounting department.
B)Objectivity of audit committee members.
C)Square footage of selling space.
D)Management's plans to repurchase stock.

Question

Quizplus · Accepted Answer

Square footage of selling space is a nonfinancial metric that can be used to assess the reasonableness of sales figures and other related financial data during analytical procedures.

Which of the Following Nonfinancial Information Would an Auditor Most