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

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When evaluating whether accounting estimates made by mangement are reasonable, the audit team 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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