One Reason Why the Independent Auditor Performs Analytical Procedures of the Client's

question 44

Multiple Choice

One reason why the independent auditor performs analytical procedures of the client's operations is to identify:

• A)deficiencies of a material nature in the internal control.
• B)unusual transactions.
• C)non-compliance with prescribed control procedures.
• D)improper separation of accounting and other financial duties.

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Definitions:

Retro-

A prefix meaning backwards, behind, or reversing, often used in terms like "retroactive" or "retrovirus."

Prefix

An affix placed before a word, base, or another prefix to modify a term's meaning, such as by making it a negation, an intensification, or a specification.

Behind

Positioned at the back of something or towards the rear.

Cryosurgery

A surgical technique that uses extreme cold to destroy abnormal or diseased tissue, including cancer cells.