Which of the following are processes used by a client when finalizing the accounts for an accounting period?
A)Closing procedures
B)Analytical procedures
C)Audit strategies
D)Assurance services

Question

Quizplus · Accepted Answer

Closing procedures are the processes used to finalize the accounts of an accounting period. Analytical procedures involve the analysis of financial data to gain an understanding of the current financial health of a business. Audit strategies are the plans and approaches developed by auditors to conduct an audit. Assurance services are services that provide an independent assessment of the reliability and credibility of financial information.

Which of the Following Are Processes Used by a Client