Which of the following statements describe an analytical procedure?
A) Analytical procedures are a form of evidence gathered by the client
B) Analytical procedures are calculations of financial ratios
C) Analytical procedures are a comparison of last year's unaudited financial statements with the current year's audited statements
D) Analytical procedures are a form of internal control audit procedure
Correct Answer:
Verified
Q64: If the controls are not working,the auditor
Q65: Which of the following statements describe an
Q66: Tests of controls are typically done on
Q67: Substantive tests of balances are performed to
Q68: Substantive tests of transactions are typically done
Q70: The auditor is responsible for
A)the preparation of
Q71: Which of the following statements describe an
Q72: Tests of controls for non public companies
Q73: The auditor must gather evidence guided by
Q74: If the financial statements do not present
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