Business
Business, 12.11.2019 01:31, ryleerose255

Analytical procedures are best used as a substantive audit procedure in which of the following scenarios? a. the auditor's primary objective is to reduce audit costs to a minimum. b. internal control risk is high, and therefore it is not efficient to test controls. c. preliminary analytical procedures indicate that misstatements are likely to occur in significant account balances. d. substantive analytical procedures would not be appropriate in any of the above scenarios.

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Analytical procedures are best used as a substantive audit procedure in which of the following scena...

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