To Be Effective, Analytical Procedures in the Overall Review Stage

question 338

Multiple Choice

To be effective, analytical procedures in the overall review stage of an audit engagement should be performed by:

• A) The staff accountant who performed the substantive auditing procedures.
• B) The managing partner who has responsibility for all audit engagements at that practice office.
• C) A manager or partner who has a comprehensive knowledge of the client's business and industry.
• D) The CPA firm's quality control manager or partner who has responsibility for the firm's peer review program.