What is the primary objective of analytical procedures used in the overall review stage of an audit?

A. To help to corroborate the conclusions drawn from individual components of financial statements
B. To reduce specific detection risk
C. To direct attention to potential risk areas
D. To satisfy doubts when questions arise about a client’s ability to continue

Correct Answer: To help to corroborate the conclusions drawn from individual components of financial statements ✔

Last Updated: July 28, 2019