1 An auditor s decision either to apply analytical procedures as substantive tests or to perform substantive tests of transactions and account balances usually is determined by the a Availability of data aggregated at a high level b Timing of tests performed after the balance sheet date c Auditor s familiarity with industry trends d Relative effectiveness and efficiency of the tests

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Question: 1 . An auditor s decision either to apply analytical procedures as substantive tests or to perform substantive tests of transactions and account balances usually

1 .

An auditor

s decision either to apply analytical procedures as substantive tests or to perform substantive tests of transactions and account balances usually is determined by the:

.

Availability of data aggregated at a high level.

.

Timing of tests performed after the balance sheet date.

.

Auditor

s familiarity with industry trends.

.

Relative effectiveness and efficiency of the tests.

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