QUESTION 2 2 points Save Answer Analytical procedures are declining in importance as a type of audit evidence. performed during the audit planning phase generally use aggregate data performed during the audit planning stage help the auditor take a final objective look at the audited financial statements. are never performed during the testing phase of an audit. QUESTION 3 2 points Save Answer Audit documentation does not aid in the preparation of the tax return since accounting and tax rules differ another term for the audit program should identify the items tested when the audit procedures involve sampling of transactions or balances. should not be given to anyone outside the audit firm, even if a subpoena has been issued. QUESTION 6 2 points Save Answer A company's long-term solvency can be measured by the gross profit percentage depends on the success of its operations and on its ability to raise capital for expansion depends on its ability to generate cash for the payment of dividends. can be measured by the days to collect receivables ratio