A Deviation from Historical Patterns Is One of the Factors

question 53

True/False

A deviation from historical patterns is one of the factors that an auditor focuses on when evaluating the reasonableness of an estimate.

---

Definitions:

Analytical

The ability to critically evaluate information or situations, often involving breaking down complex problems into smaller, more manageable parts.

Acquire Knowledge

The process of learning or gaining information, insights, or skills through study, experience, or instruction.

Intelligence

Intelligence refers to the capacity for learning, understanding, and applying knowledge, as well as the ability to adapt to new situations and solve problems.

Measuring Intelligence

The process or methodologies used to assess an individual's mental abilities and cognitive capacity, often through standardized tests.