Analytical Procedures Performed During Phase III of the Audit

question 11

Multiple Choice

Analytical procedures performed during phase III of the audit

• A) must be performed before the balance sheet date.
• B) can be used as a means of planning and directing other audit tests to specific areas.
• C) should be done after tests of details of balances.
• D) are expensive and are therefore not frequently used by the auditor.

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