To comply with generally accepted auditing standards, the use of analytical procedures in a financial statement audit is required to some extent

$($CPA Exam Adapted$)$

Question $15$ options:

As risk assessment procedures and final review procedures, but not as substantive procedures.

As substantive procedures and final review procedures, but not as risk assessment procedures.

As substantive procedures, but not as risk assessment procedures nor final review procedures.

As risk assessment procedures, but not as substantive procedures nor final review procedures.