Which of the following is a common example of trend analysis of accounts and ratios that the auditor might consider for cash accounts?
a. Compare monthly cash balances with past years and budgets.
b. Identify unexpected spikes or lows in cash during the year.
c. Compute trends in interest returns on investments.
d. Analyze cash balances, and changes therein, in relation to new or retiring debt obligations.
e. All of the above.
Answer: E
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