Current professional auditing standards mandate the use of analytical procedures during the testing phase of the audit.

Name: Current professional auditing standards mandate the use of analytical procedures during the testing phase of the audit.
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Quizplus · Accepted Answer

Analytical procedures are required during the planning and review phases of an audit, but their use during the testing phase is not mandated; it is at the auditor's discretion based on the auditor's judgment and the specific circumstances of the audit.

Current Professional Auditing Standards Mandate the Use of Analytical Procedures