Multiple Choice
Which one of the following is NOT a direct outcome of performing analytical procedures?
A) Understand the client's business.
B) Reduce detailed audit tests.
C) Assess the entity's ability to continue as a going concern.
D) Identify specific errors in the accounts.
Correct Answer:
Verified
Correct Answer:
Verified
Q52: Which one of the following audit tests
Q53: Analytical procedures are relatively inexpensive, so many
Q54: At interim dates, an auditor evaluates a
Q55: Presentation- and disclosure-related objectives are more important
Q56: Phase IV of the audit primarily relies
Q58: ASA 520 states that analytical procedures can
Q59: When designing an audit program for tests
Q60: Events occurring after the date of the
Q61: ASA 315 requires the auditor to assess
Q62: Which of the following is NOT part