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  3. Study Set
    Auditing and Assurance Services Study Set 1
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    Exam 19: Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts
  5. Question
    While Analytical Procedures Are Commonly Used When Auditing Balance Sheet
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While Analytical Procedures Are Commonly Used When Auditing Balance Sheet

Question 86

Question 86

True/False

While analytical procedures are commonly used when auditing balance sheet accounts, they are normally not very useful when auditing income statement accounts.

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