Business, 14.11.2019 06:31, gracie6313
The first step in performing planning analytical procedures is to develop an exception of the account balance. which of the following does not typically represent a likely expected relationship for cash accounts?
a. the company reports consistent profits over several years, but operating cash flows are declining.
b. no unsual large cash or other liquid assest transactions are found operating cash flow is not significantly different from that of the prior year.
c. investment income is consistent with the level of returns expected from investments
Answers: 3
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