The basic assumption underlying the use of analytical procedures is:____________?
ARelationship among data exist and continue in the absence of known condition to the contrary
BAnalytical procedures will not be able to detect unusual relationships
CNone of the above.
DIt helps the auditor to study relationship among elements of financial information
Correct answer
A. Relationship among data exist and continue in the absence of known condition to the contrary
Explanation
Relationship among data exist and continue in the absence of known condition to the contrary is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.