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What Is the Regression Approach? How Might the Regression Approach

question 15

Essay

What is the regression approach? How might the regression approach be used in auditing?


Definitions:

Contingent

Depending on certain conditions or circumstances.

Unilateral

Pertaining to an action or decision made by one party without agreement or consultation with others.

Executory

Pertaining to a contract or deal that has not yet been completed or fully executed by all parties involved.

Bilateral

Relating to agreements or actions involving two sides, parties, or countries, where each has obligations or considerations towards the other.

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