Question 4 Analytical procedures issued in the planning stage of an audit, generally_ Select one: a. Helps to determine the nature, timing and extent of other audit procedures. b. All of the others are correct c. Directs attention to potential risk areas d. Indicates important aspects of business

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Audit Procedures

Audit Procedures are methods and techniques performed by the auditor to determine the quality of financial information of clients, thereby expressing an opinion on true & fair view of financial statements and entity position. They are identified and applied at the planning stage of audit after determining audit objectives, scope, approach, and risk assessment.