Question: Identify the most important reasons for performing analytical procedures. ( Select all that apply. ) A . Indication of the presence of possible misstatements in

Identify the most important reasons for performing analytical procedures. (Select all that apply.)
A. Indication of the presence of possible misstatements in the financial statements.
B. Increase in detailed audit tests required.
C. Reduction in lawsuits against CPAs
D. Understanding the client's business and industry .
E. Assessment of the entity's ability to continue as a going concern.
F. Reduction of detailed audit tests.
G. To identify fraud that may be occurring in the client's organization.
 Identify the most important reasons for performing analytical procedures. (Select all

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