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[>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting) – 2 years ago **files (1)** – ## W3T1.docx **## W3T1.docx** Due Saturday: 02/02 APA 3 paragraphs 3 sources Assume that an auditor wishes to use analytical procedures as a substantive procedure. Please choose "…

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[>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting)

– 2 years ago

**files (1)**

– ## W3T1.docx

**## W3T1.docx**

Due Saturday: 02/02

APA 3 paragraphs 3 sources

Assume that an auditor wishes to use analytical procedures as a substantive procedure.  Please choose "1" from the list below and indicate how substantive analytical procedures could be used in assisting the auditor in testing the following accounts:

a.  Interest expense related to bonds outstanding

b.  Natural gas expense for a public utility company

c.  Supplies expense for a factory

d.  Cost of goods sold for a fast-food franchisor like McDonald's.  Note that cost of goods sold tends to average about 35% of sales in fast food franchises.

e.  Salary expense for an office (region) of a professional services firm

**## W3T1.docx**

Due Saturday: 02/02

APA 3 paragraphs 3 sources

Assume that an auditor wishes to use analytical procedures as a substantive procedure.  Please choose "1" from the list below and indicate how substantive analytical procedures could be used in assisting the auditor in testing the following accounts:

a.  Interest expense related to bonds outstanding

b.  Natural gas expense for a public utility company

c.  Supplies expense for a factory

d.  Cost of goods sold for a fast-food franchisor like McDonald's.  Note that cost of goods sold tends to average about 35% of sales in fast food franchises.

e.  Salary expense for an office (region) of a professional services firm

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