Menu
support@graduatecourseshelp.com
+1(805) 568 7317

assume that an auditor wishes to use analytical procedures as a substantive procedur 738388

Assume that an auditor wishes to use analytical procedures as a substantive procedure. Indicate how substantive analytical procedures could be used in assisting the auditor in testing the following accounts: a. Interest expense related to bonds outstanding.

b. Natural gas expense for a public utility company.

c. Supplies expense for a factory.

d. Cost of goods sold for a fast food franchisor (for example, Wendy’s or McDonald’s). Note that cost of goods sold tends to average about 35% of sales in fast food franchises.

e. Salary expense for an office (region) of a professional services firm.

"Order a similar paper and get 15% discount on your first order with us
Use the following coupon
"GET15"

Order Now