Analytical Procedures Performed During the Planning Phase of the Audit

question 114

Multiple Choice

Analytical procedures performed during the planning phase of the audit

• A) are used as a substantive test in support of account balances.
• B) are used to assist in determining the nature, extent, and timing of audit procedures.
• C) are used to detect fraud.
• D) are mandatory only for public companies.

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Definitions:

Form Control

User interface elements, like text boxes, buttons, and sliders, used in forms to collect or display information.

Sizing Handle

A graphical user interface element that allows users to resize windows or objects by dragging the edge or corner.

Form Control

Elements in graphical user interfaces that allow the user to input data, such as text fields, checkboxes, and buttons.

Caption

A title or brief explanation appended to an article, illustration, cartoon, or poster.