In evaluating accounting estimates the auditor would not concentrate on key factors and assumptions that are
A)within budgetary expectations.
B)subjective and susceptible to misstatement and bias.
C)inconsistent with current economic trends.
D)sensitive to variations.

Question

Quizplus · Accepted Answer

The auditor would not focus on factors and assumptions that are within budgetary expectations because they are less likely to be misstated or biased compared to subjective, inconsistent, or sensitive factors.

In Evaluating Accounting Estimates the Auditor Would Not Concentrate on Key