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NEW QUESTION: 1
What must be installed on a computer in order to export evaluation results using the context menu?
A. ODBC
B. Microsoft Excel
C. Crystal Reports
D. Adobe Reader
Answer: B
NEW QUESTION: 2
Analytical procedures performed in the final review stage of an audit generally would include:
A. Reassessing the factors that assisted the auditor in deciding on preliminary materiality levels and audit
risk.
B. Considering the adequacy of the evidence gathered in response to unexpected balances identified in
planning.
C. Summarizing uncorrected misstatements specifically identified through tests of details of transactions
and balances.
D. Calculating projected uncorrected misstatements estimated through audit sampling techniques.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Analytical procedures applied during the final review stage should be used to
determine whether adequate evidence has been gathered in response to unusual or unexpected balances
identified during the audit.
Choice "A" is incorrect. Analytical procedures generally involve comparison of recorded amounts to auditor
expectations. Reassessing the factors used to establish materiality levels and audit risk would not involve
such comparisons.
Choice "C" is incorrect. Analytical procedures generally involve comparison of recorded amounts to auditor
expectations. Summarizing uncorrected misstatements would not involve such comparisons.
Choice "D" is incorrect. Analytical procedures generally involve comparison of recorded amounts to auditor
expectations. Calculating projected uncorrected misstatements would not involve such comparisons.
NEW QUESTION: 3
A. Option F
B. Option B
C. Option A
D. Option C
E. Option D
F. Option E
Answer: B,E