Stella Zhang has been performing analytical procedurtechniquas a substantive test. The techniquthat can be used to perform analytical procedurare:
A) preparation of common sized financial statements.
B) breakeven analysis.
C) ratio analysis.
D) all of the above.

Question

Quizplus · Accepted Answer

All three techniques mentioned (preparation of common-sized financial statements, breakeven analysis, and ratio analysis) can be used to perform analytical procedures as substantive tests. Each technique provides valuable insights into the financial health and operations of a company, helping auditors identify potential issues or areas of concern. Therefore, the best choice is D, all of the above.

Stella Zhang Has Been Performing Analytical Procedurtechniquas a Substantive Test