Analytical procedures used in planning an audit should focus on identifying: (a) material weaknesses in the accounting
Question:
Analytical procedures used in planning an audit should focus on identifying:
(a) material weaknesses in the accounting and internal control systems.
(b) the predictability of financial data from individual transactions.
(c) the various assertions that are embodied in the financial statements.
(d) areas that may represent specific risks relevant to the audit.
Choose the correct answer.
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