Design and perform analytical procedures for accounts receivable balance is part of which phase of the audit?
A) Phase I
B) Phase II
C) Phase III
D) Phase IV

Question

Quizplus · Accepted Answer

Designing and performing analytical procedures for accounts receivable balance is part of the execution phase of an audit, which is Phase III. This phase involves performing audit procedures to gather evidence on the accuracy of the financial statements.

Design and Perform Analytical Procedures for Accounts Receivable Balance Is