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.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: You are auditing a manufacturing company that
Q16: Audit documentation is the principal record of
Q17: Management assertions fall into four main categories.
Q18: As a result of analytical procedures conducted
Q19: A not-for-profit organization published a monthly magazine
Q21: Of the following, the most reliable type
Q22: Audit documents that record the procedures used
Q23: The permanent audit file usually includes:<br>A)Working trial
Q24: Analytical procedures may be classified as being
Q25: For each of the following specific audit