Substantive analytical procedures are performed by auditor: To identify and assess detection risk To determine nature, timing and extent of test of controls To determine nature, timing and extent of substantive analytical procedures To detect material misstatements.
Substantive analytical procedures are performed by auditor: To identify and assess detection risk To determine nature, timing and extent of test of controls To determine nature, timing and extent of substantive analytical procedures To detect material misstatements.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter6: Audit Evidence
Section: Chapter Questions
Problem 11CYBK
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![Substantive analytical procedures are performed by auditor:
To identify and assess detection risk
To determine nature, timing and extent of test of controls
To determine nature, timing and extent of substantive analytical procedures
To detect material misstatements.
As per ISA 700, Which of the following is NOT a specific evaluation while forming an opinion on financial](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb55d39d3-176f-4e8f-84fd-74435fdbf8c2%2F20e8a4e0-8c54-4cdc-b70a-fdee36b7fab1%2Fxjhjuip_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Substantive analytical procedures are performed by auditor:
To identify and assess detection risk
To determine nature, timing and extent of test of controls
To determine nature, timing and extent of substantive analytical procedures
To detect material misstatements.
As per ISA 700, Which of the following is NOT a specific evaluation while forming an opinion on financial
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