Analytical procedure is applied to compare the trend of financial item. This procedure helps the auditor to identify the material variances and audit areas that need special considerations. The audit uses technical or non technical methods to perform this analysis. To choose: The primary objective of the final analytical procedure.

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Answer 1

Question

Chapter 5, Problem 5.28MCQ

To determine

Concept Introduction:Analytical procedure is applied to compare the trend of financial item. This procedure helps the auditor to identify the material variances and audit areas that need special considerations. The audit uses technical or non technical methods to perform this analysis.

To choose: The primary objective of the final analytical procedure.

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Answer 2

Question

Chapter 5, Problem 5.28MCQ

To determine

Concept Introduction:Analytical procedure is applied to compare the trend of financial item. This procedure helps the auditor to identify the material variances and audit areas that need special considerations. The audit uses technical or non technical methods to perform this analysis.

To choose: The primary objective of the final analytical procedure.

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Answer 3

Question

Chapter 5, Problem 5.28MCQ

To determine

Concept Introduction:Analytical procedure is applied to compare the trend of financial item. This procedure helps the auditor to identify the material variances and audit areas that need special considerations. The audit uses technical or non technical methods to perform this analysis.

To choose: The primary objective of the final analytical procedure.

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Answer 4

Question

Chapter 5, Problem 5.28MCQ

To determine

Concept Introduction:Analytical procedure is applied to compare the trend of financial item. This procedure helps the auditor to identify the material variances and audit areas that need special considerations. The audit uses technical or non technical methods to perform this analysis.

To choose: The primary objective of the final analytical procedure.

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Answer 5

Chapter 5, Problem 5.28MCQ

To determine

Concept Introduction:Analytical procedure is applied to compare the trend of financial item. This procedure helps the auditor to identify the material variances and audit areas that need special considerations. The audit uses technical or non technical methods to perform this analysis.

To choose: The primary objective of the final analytical procedure.

Answer 6

Chapter 5, Problem 5.28MCQ

To determine

Concept Introduction:Analytical procedure is applied to compare the trend of financial item. This procedure helps the auditor to identify the material variances and audit areas that need special considerations. The audit uses technical or non technical methods to perform this analysis.

To choose: The primary objective of the final analytical procedure.

Answer 7

Chapter 5, Problem 5.28MCQ

To determine

Concept Introduction:Analytical procedure is applied to compare the trend of financial item. This procedure helps the auditor to identify the material variances and audit areas that need special considerations. The audit uses technical or non technical methods to perform this analysis.

To choose: The primary objective of the final analytical procedure.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 5 - Prob. 5.1RQ Ch. 5 - Prob. 5.2RQ Ch. 5 - Prob. 5.3RQ Ch. 5 - Prob. 5.4RQ Ch. 5 - Prob. 5.5RQ Ch. 5 - Prob. 5.6RQ Ch. 5 - Prob. 5.7RQ Ch. 5 - Prob. 5.8RQ Ch. 5 - Prob. 5.9RQ Ch. 5 - Prob. 5.10RQ

Solution Summary: The author explains that an analytical procedure compares the trend of financial items and helps the auditor identify material variances and audit areas that need special considerations.

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Chapter 5 Solutions