If planning analytical procedures do not identify any unexpected relationships related to debt,the auditor would conclude that there is not a heightened risk of material misstatements in these accounts.

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This statement is true. Analytical procedures involve analyzing relationships and trends in financial data to identify any unusual or unexpected results. If no such relationships are identified in relation to debt, the auditor can conclude that the risk of material misstatement in the debt accounts is not heightened.

If Planning Analytical Procedures Do Not Identify Any Unexpected Relationships