An analytical procedure is a part of audit procedure that evaluates the financial statement by comparing the financial data with the non-financial data.A substantive analytical procedure helps to identify the shreds of evidence related to a particular transaction, or it helps to collect the reasonable evidence for a specific assertion. To describe: The substantive analytical procedures that may consider with computerized audit software with respect to inventory

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Chapter 13, Problem 13.30P

To determine

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An analytical procedure is a part of audit procedure that evaluates the financial statement by comparing the financial data with the non-financial data.A substantive analytical procedure helps to identify the shreds of evidence related to a particular transaction, or it helps to collect the reasonable evidence for a specific assertion.

To describe:The substantive analytical procedures that may consider with computerized audit software with respect to inventory

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