One Purpose of Performing Preliminary Analytical Procedures in the Planning

question 88

True/False

One purpose of performing preliminary analytical procedures in the planning phase of an audit is to help the auditor make a preliminary assessment of control risk.

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Definitions:

Update & Security Icon

An icon in the settings menu of an operating system that provides users with options for updating software and managing security settings.

Control Panel Window

An element within the operating system that enables users to adjust system configurations and manage both hardware and software functionalities.

Administrator Privileges

Administrator Privileges are the highest level of permissions granted to a user, allowing them to make system-wide changes, install software, and access all files on a computer or network.

Control Panel

A component of Microsoft Windows that provides the ability to view and change system settings.