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Dmitry [639]
3 years ago
11

Auditors need to understand the processes used by management in developing estimates, including how management reviews the resul

ts of the estimates for reasonableness. a. True b. False
Social Studies
1 answer:
grigory [225]3 years ago
3 0

Answer: True

Explanation:

Yes, Auditors need to understand this, Auditors actually scrutinize all paperwork involving every monetery decision in a firm, it would be helpful if they know the decision taken by the management and how they took it.

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