Multiple Choice
An auditor's use of analytical procedures ________.
A) should be the same for every audit client, for reasons of uniformity
B) may be tailored to the particular client and the industry in which the client operates
C) is not required if an auditor has assessed control risk as low
D) are designed to help the auditor provide absolute assurance
Correct Answer:

Verified
Correct Answer:
Verified
Q41: For companies that sell goods or services
Q42: The process used for developing an audit
Q43: With respect to understanding the client's revenue
Q44: In which of the following cases are
Q45: With respect to performing analytical procedures to
Q47: The auditor often makes inquiries of personnel
Q48: In the initial procedures of the audit
Q49: Public company auditors test controls in order
Q50: In order to test programmed application controls
Q51: An analytical procedure related to substantive testing