Which of the following tends to be most predictable for purposes of analytical procedures applied as substantive tests?
A)Relationships involving statement of financial position accounts.
B)Transactions subject to management discretion.
C)Relationships involving income statement accounts.
D)Data subject to audit testing in the prior year.

Question

Quizplus · Accepted Answer

Relationships involving income statement accounts tend to be more predictable due to the recurring nature of revenue and expense transactions, which makes them useful for analytical procedures in substantive tests.

Which of the Following Tends to Be Most Predictable for Purposes