Which of the following describes loan covenants? Multiple Choice require the borrower to maintain certain financial characteristics. 0 include all the above. 0 describe the lender's responsibilities. 0 describe the collateral of the loan. Which of the following is the appropriate statement regarding the application of analytical procedure when the audit is close to the end? Multiple Choice recommended by auditing standards. O O not useful, since detailed substantive procedures have already been performed. not mentioned by auditing standards. O O required by auditing standards. Which of the following is the appropriate statement regarding the application of analytical procedure when the audit is close to the end? Multiple Choice o recommended by auditing standards. o not useful, since detailed substantive procedures have already been performed. o not mentioned by auditing standards. o required by auditing standards. 21 of 41 Next >