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1. Which of the following is true about analytical procedures (Required as used below means required by PCAOB standards)? Analytical Procedures are required as part

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1. Which of the following is true about analytical procedures ("Required" as used below means required by PCAOB standards)? Analytical Procedures are required as part of Planning. II. Analytical Procedures are required as part of substantive procedures. III. Analytical Procedures are required as part of Completion. IV. Analytical procedures are required to be performed on every audit. V. Analytical procedures results in the most reliable form of evidence than confirmations. IV. and V are True III and IV are True I and V are True. O II and IV are True d All of the above are True All of the above are False

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