37 Factors the auditor should understand as a part of his understanding of business Operations and Processes including of the following except: ut of O Information about related parties O Effectiveness and efficiency of operations O Major sources of revenue O Sources of financing 38 Which of the following statements is correct with respect to the auditor's use of analytical procedures? d but of O Analytical procedures are time saving procedures that auditors may employ at their discretion O Analytical procedures are powerful tools that are required to be used during the planning and testing phases of the audit O Analytical procedures may be used to identify misstatements in a client's accounts O Analytical procedures are required to be used during the planning and completion phases of the audit