Which of the Following Analytical Procedures Most Likely Would Be

question 62

Multiple Choice

Which of the following analytical procedures most likely would be used during the planning stage of an audit?

• A)Comparing current-year to prior-year sales volumes.
• B)Reading the financial statements and notes and considering the adequacy of evidence.
• C)Comparing the current-year ratio of aggregate salaries paid to the number of employees to the prior-year's ratio.
• D)Reading the letter from the client's attorney and considering the threat of litigation.

---

Definitions:

Researcher Bias

The tendency for the preferences, beliefs, or prejudices of a researcher to influence the outcomes of their research.

Response Bias

A tendency in survey or research respondents to answer questions inaccurately due to misunderstanding, social desirability, or other factors.

Researcher Bias

The tendency for researchers to unintentionally influence the outcome of their studies due to personal values, beliefs, or preferences.

Self-administered Questionnaire

A method of data collection where respondents read and answer questions on a survey instrument without the direct involvement of a researcher.