Multiple Choice
Analytical procedures are substantive tests and, if the results of the analytical procedures are favorable, the auditor would normally
A) reduce the extent of tests of details of balances.
B) reduce the extent of tests of controls.
C) reduce the tests of transactions.
D) reduce all of the other tests.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: If material, all of the following are
Q15: An auditor should perform alternative procedures to
Q16: One of the shortcomings in evaluating the
Q17: Assuming the client's internal controls are effective,
Q18: Significant credit balances in accounts receivable should
Q20: As a test of the occurrence transaction-related
Q21: Favorable results from analytical procedures may reduce
Q22: Which of the following audit procedures would
Q23: Cutoff misstatements can occur for<br>A) <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6721/.jpg"
Q24: When an auditor tests to determine if