An internal auditor plans to use an analytical review i.e. ratio analysis to verify the correctness of various operating expenses in a division. The use of an analytical review as a verification technique would not be a preferred approach if …

Question

Accepted Answer

the auditor notes strong indicators of a specific fraud involving this account.

Answer

the operating expenses vary in relation to other operating expenses but not in relation to revenue.

Answer

the company has relatively stable operations that have not changed much over the past year.

Answer

the auditor would like to identify large, unusual or non-recurring transactions during the year.

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An internal auditor plans to use an analytical review i.e. ratio analysis to ver...

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