
Most auditors prefer to replace external confirmation with analytical procedures whenever possible because the
A) analytical procedures are more reliable.
B) external confirmations are more expensive.
C) analytical procedures are more persuasive.
D) tests of details are more difficult to interpret.
Correct Answer:
Verified
Q36: Confirmations from outside organizations such as banks
Q37: Which of the following is the best
Q38: Observation is an important audit technique where
Q39: Which one of the following forms of
Q40: Although considerable evidence is obtained from the
Q42: An example of vouching would be to
Q43: To provide reliable evidence,confirmations should be
A)created and
Q44: An aspect of analytical procedures is referred
Q45: When the auditor examines the client's documents
Q46: An example of a document that the
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