Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is NOT a main purpose of analytical procedures? a) To obtain an understanding of the audit client. b) To identify areas

Which of the following is NOT a main purpose of analytical procedures?

a) To obtain an understanding of the audit client.

b) To identify areas with a higher risk of material misstatements.

c) To help reduce the extent of substantive testing.

d) To help reduce the extent of tests of controls.

e) To assess the audit clients going concern status.

plz quick ans correct ans less explain

if wrong i will thumbs down if right thumbs up

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Wiley CPAexcel Exam Review 2016 Study Guide January Auditing And Attestation

Authors: O. Ray Whittington

1st Edition

1119119960, 978-1119119968

More Books

Students also viewed these Accounting questions