Question: Analytical procedures: (a) Cannot be performed on interim data. (b) Are not affected by different accounting methods between the client and other members of the

Analytical procedures: 

(a) Cannot be performed on interim data. 

(b) Are not affected by different accounting methods between the client and other members of the industry.

(c) Must take into account seasonal variation in the client’s business. 

(d) Are only useful if the client’s variance from the budget is low.

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