The auditor performs analytical procedures to
A) increase his understanding of the accounting system
B) identify expected changes between his expectations for the current year and the prior year
C) identify areas where he believes the risk of material misstatement might not be present
D) satisfy the requirement of the auditing standards to use analytical procedures during the planning stage
Correct Answer:
Verified
Q60: Internal controls are
A)usually necessary to run the
Q61: Much of the information regarding material misstatement
Q62: Performing analytical procedures during the planning process
Q63: The auditor designs the risk assessment procedures
Q64: Much of the information regarding material misstatement
Q66: Which of the following is NOT correct
Q67: Observation may provide the auditor with useful
Q68: The auditor can assign a portion of
Q69: The auditor performs analytical procedures to
A)increase his
Q70: Performing analytical procedures during the planning process
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