An auditors decision either to apply analytical procedures, Ask an Expert

Accounting

An auditor's decision either to apply analytical procedures as substantive procedures or to perform tests of transactions and account balances usually is determined by :

A. Availability of data aggregated at a high level.

B. Relative effectiveness and efficiency of the tests.

C. Timing of tests performed after the balance sheet date.

D. Auditor's familiarity with industry trends.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942575

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