At the review stage of an audit, the application of analytical procedures is
A)Recommended by auditing standards.
B)Not mentioned by auditing standards.
C)Not useful, since detailed substantive tests have already been performed.
D)Required by auditing standards.

Question

Quizplus · Accepted Answer

Analytical procedures are required by auditing standards at the review stage to help the auditor form an overall conclusion about the financial statements.

At the Review Stage of an Audit, the Application of Analytical