"The use of comparisons and relationships to assess whether account balances or other data appear reasonable compared to the auditor's expectations" is a definition of:
A) analytical procedures.
B) tests of transactions.
C) tests of balances.
D) auditing.

Question

Quizplus · Accepted Answer

The definition provided describes analytical procedures, which involve comparing and analyzing data to identify any significant fluctuations or deviations from what the auditor expects. Tests of transactions and balances are specific procedures used to gather audit evidence, while auditing refers to the overall process of conducting an audit.

"The Use of Comparisons and Relationships to Assess Whether Account