The beginning of an auditing class is often frustrating for students because they feel there are so many things that they do not thoroughly understand. One of the challenges is that so many parts of an audit are either concurrent or iterative.

Required:
Reference the overview diagram of an integrated audit in Exhibit 2-1 and identify the aspects that are difficult to place in a strict chronological sequence.
(a) List the audit activities that may be iterative.
(b) Match and list the parts that are conducted concurrently.