Analytical procedures are used in the overall review for all of these reasons except:

Select one:

to assist in arriving at the overall conclusion that the financial information is consistent with the knowledge of the business.

to gain assurance that the company will remain a going concern.

to corroborate conclusions formed during the audit.

to identify contingent liabilities.

B

Audit sampling is involved whenever an auditor:

Select one:

examines 100% of the population.

forms a conclusion about the population from which the sample is drawn.

performs tests of controls.

performs substantive tests.