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Question 27 Not yet answered Marked out of 1.00 P Flag question Which two of the following statements regarding the use of analytical procedures of the audit are correct? i. Analytical procedures are used to test the effectiveness of the design of policies. ii. Analytical procedures involves inquiries and observation of routines to obtain evidences. iii. Analytical procedures help to identify unusual fluctuations for investigation. iv. Analytical procedures can assist the auditor in planning other audit procedures. a. i and ii O b. ii and iv c. ii and iii O d. iii and iv Question 28