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Analytical procedures performed near the end of the audit assist the auditor in forming an overall conclusion on whether the financial statements are:
Afree of any subsequent events
Bprepared by the auditor
Cconsistent with the auditor's understanding of the entity
Dexempt from disclosure
Answer & Solution
Correct answer: C. consistent with the auditor's understanding of the entity
End-of-audit analytical procedures test consistency with the auditor's understanding.
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