For audits of financial statements made in accordance with generally accepted auditing standards, the use of analytical procedures is required to some extent.

Multiple Choice

As a substantive test: Yes; In the final review stage: Yes.

As a substantive test: Yes; In the final review stage: No$.$

As a substantive test: No; In the final review stage: Yes.

As a substantive test: No; In the final review stage: No$.$