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What is meant by the term 'analytical procedures' and Describe the situations in the audit when analytical procedures can be used.

What is meant by the term 'analytical procedures' and Describe the situations in the audit when analytical procedures can be used.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is meant by the term 'analytical procedures' and Describe the situations in the audit when analytical procedures can be used.
Transcribed Image Text:What is meant by the term 'analytical procedures' and Describe the situations in the audit when analytical procedures can be used.
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