Which one of the following is NOT a direct outcome of performing analytical procedures?
A) Understand the client's business.
B) Reduce detailed audit tests.
C) Assess the entity's ability to continue as a going concern.
D) Identify specific errors in the accounts.
Correct Answer:
Verified
Q51: Which of the following is NOT part
Q52: Why are substantive tests of transaction high-cost?
A)
Q53: The reliance placed on substantive tests in
Q54: Which one of the following audit tests
Q55: The audit client is a medium size
Q57: The highest cost audit will be incurred
Q58: Which one of the following types of
Q59: Which of the following is an exception
Q60: The evidence mix which the auditor chose
Q61: If the results of the tests of
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