The Objective of Performing Analytical Procedures in Planning an Audit

question 976

Multiple Choice

The objective of performing analytical procedures in planning an audit is to identify the existence of:

• A) Unusual transactions and events.
• B) Illegal acts that went undetected because of internal control weaknesses.
• C) Related party transactions.
• D) Recorded transactions that were not properly authorized.

---

Definitions:

Propaganda Points

Information, often of a biased or misleading nature, used to promote or publicize a particular political cause or point of view.

Cuban Revolution

A significant political movement that led to the overthrow of Cuban dictator Fulgencio Batista in 1959 and the establishment of a socialist state led by Fidel Castro.

Noncommunist Government

A governmental system which does not adhere to the principles of communism, characterized by private or mixed ownership of means of production, and typically operates under democratic or authoritarian regimes.

Spread of Communism

The propagation or expansion of communist ideology and political systems around the world, particularly during the 20th century.