Identify the correct statement regarding analytical procedures used in o review conducted at the conclusion of an audit 19 Multiple Choice 8.015609 Typically, junior member of the engagement team will perform the analytical procedures applied at the conclusion of the audit because less precision is required The ultimate purpose of analytical procedures used in a review conducted at the conclusion of the audit is to uncover fraud schemes that may have been missed previously during the audit Mreview analytical procedures suggest the presence of messtated account balances, the auditor may have to perform additional Substantive tests of details to satisfactorily complete the audit O Analytical procedures used in the review near the conclusion of the audit are not required