Which of the below is not a procedure generally performed when auditing estimates? Performing analytical...
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Accounting
Which of the below is not a procedure generally performed when auditing estimates? Performing analytical procedures. Evaluating the quality of data used to determine the estimate. Using subsequent transactions to evaluate the estimation process. Sending confirmations to independent third parties. Auditors use confirmations to obtain direct evidence re: Completeness for. accounts receivable, accounts payable, and long-term debt. True False
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