Q
The basic assumption underlying the use of analytical procedures is:____________?
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A
A. It helps the auditor to study relationship among elements of financial information
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B
B. Relationship among data exist and continue in the absence of known condition to the contrary
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C
C. Analytical procedures will not be able to detect unusual relationships
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D
D. None of the above.
Correct Answer:
B. B. Relationship among data exist and continue in the absence of known condition to the contrary