When evaluating whether accounting estimates made by management are reasonable, auditors would be most interested in which of the following?

When evaluating whether accounting estimates made by management are reasonable, auditors would be most interested in which of the following?



a. evidence of a conservative systematic bias
b. assumptions that are similar to industry guidelines
c. key factors that are consistent with prior periods
d. measurements that are objective and not susceptible to bias


Answer: a. evidence of a conservative systematic bias


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