Select Analytical Procedures as the audit test procedures listed in the textbook and discuss how such a procedure would be used in an audit of a Payroll or Accounts Payable process.

What results or conclusions, if any, can you arrive at if you have found no exceptions or errors?

B$.$ Testing for Design & Operating Effectiveness

For audits of a business process, which of the following should be performed first: a test of operating effectiveness $($TOE$)$ or a test of design adequacy $($TOD$)?$ Please provide your reasoning.

If you find exceptions or errors in either TOE or TOD, what steps should the auditor take?

Is evaluating control design more challenging than evaluating operating effectiveness? Include your arguments for your position.