Generally accepted auditing standards require that analytical procedures ________.
A)Be used in the planning and final review stages,as well as during the audit as a substantive test.
B)Be used in the planning and final review stages of the audit and optionally they can be used as a substantive test during the audit.
C)Be used in the planning stage only,with the option to use them as a substantive test and in the final review stage.
D)Be used in the final review stage,and can optionally be applied as a substantive test in the planning stage

Question

Quizplus · Accepted Answer

Analytical procedures are required in the planning and final review stages of an audit according to generally accepted auditing standards. They can also be used as a substantive test during the audit, but this is optional and at the discretion of the auditor.

Generally Accepted Auditing Standards Require That Analytical Procedures ________