An Auditor Is Performing an Analytical Procedure That Involves Comparing

question 21

Multiple Choice

An auditor is performing an analytical procedure that involves comparing a client's ratios with other companies in the same industry.This technique is referred to as:

• A)Vertical analysis.
• B)Horizontal analysis.
• C)Cross-sectional analysis.
• D)Comparison analysis.

---

Definitions:

Collectivist Culture

A culture that places a high value on community, cooperation, and group interests over individual interests.

Self-Enhancement

The tendency of individuals to promote and elevate their self-esteem or self-image, often by focusing on strengths and achievements rather than weaknesses or failures.

Minnesota Multiphasic Personality Inventory

A psychological assessment tool used to diagnose mental disorders and assess personality structure.

Personality Inventory

A questionnaire or other standardized instrument designed to assess various aspects of a person's character, temperament, and psychological traits.