Which of the following statements is correct concerning analytical procedures used in plan- ning an audit engagement?
a. they often replace the tests of controls that are performed to assess control risk. b. they typically use financial and nonfinancial data aggregated at a high level. c. they usually involve the comparison of assertions developed by management to ratios calculated by an auditor. d. they are often used to develop an auditor's preliminary judgment about materiality.

b. They typically use financial and non-financial data aggregated at a high level.

Explanation:

The statement which is correct concerning analytical procedures used in planning an audit engagement is statement B  because the use of financial and non-financial data aggregated at a high level is commonly used during preliminary analytical procedures. Evaluations of financial knowledge gained by the research of PLAUSIBLE RELATIONSHIPS between both financial plus non-financial data. Typically use financial and non-financial data AGGREGATED AT A HIGH LEVEL, they are a Type of Audit Procedure as well as a Type of Evidence (usually practiced in alliance with different kinds of data) as the aforementioned that it is known as analytical procedures.

b.

c.

d.

g.

those r all of them i believe