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Q: The objective of performing analytical procedures in the planning stage of an audit is to a. Identify related party transactions that must be disclosed.

Q: The objective of performing analytical procedures in the planning stage of an audit is to

a. Identify related party transactions that must be disclosed.

b. Identify deficiencies in internal control policies and procedures.

c. Direct the auditors attention to matters having higher risk of material misstatement.

d. Detect misappropriations of assets due to internal control weaknesses

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