Analytical Procedures Performed in the Overall Review Stage of an Audit

question 20

Multiple Choice

Analytical procedures performed in the overall review stage of an audit suggest that several accounts have unexpected relationships. The results of these procedures most likely would indicate that:

• A)fraud exists within the relevant accounts.
• B)internal control activities are not operating effectively.
• C)additional tests of details are required.
• D)the communication with the audit committee should be revised.

---

Definitions:

Opponent Process

A theory suggesting that emotions are regulated by mechanisms that operate in opposition to each other.

Visual System

The part of the central nervous system which enables organisms to process visual detail, including the eyes, optic nerve, and brain areas responsible for visual perception.

Coded

Translated into a form that can be processed by computers or categorized in research.

Additive Colours

A color model in which colors are created by combining the light of primary colors (red, green, blue) in varying intensities to produce a wide spectrum of colors.