Multiple Choice
Which of the following is the first step an auditor performs when performing analytical procedures?
A) determine appropriate procedures for investigating the reasons for differences if they are significant
B) draw conclusions
C) identify the computation, comparison or relationship to be made or investigated
D) assess the reliability of any data to be used
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Identify the steps used by the auditor
Q6: Normally,it is more efficient to carry out
Q22: The audit program serves as the instructions
Q28: The timing of substantive procedures is directly
Q67: Comparing sales commissions or bonuses with related
Q68: Indicate whether you agree or disagree with
Q70: Inherent risk is<br>A) assessed as high when
Q71: Daniel Morency has performed evaluations of financial
Q72: After performing a risk assessment of a
Q74: An example of an analytical procedure which