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As the terms "interim" and "final" are based on their timing - I suggest that that defines what they are and the answer is therefore correct (and all other options are completely incorrect). However, for the sake of argument the question has been changed.
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kunleolley·
Sir, l thought the question 4) would have referred to analytical procedures and not substantive procedures. Because substantive meant both analytical and test for controls
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KimTutor·
You are mistaken - see end of Chapter 17:
Substantive procedures = Analytical procedures + Tests of DETAILS
Tests of controls might be called "compliance procedures" - but can never be substantive because they do not concern monetary amounts.
As the terms "interim" and "final" are based on their timing - I suggest that that defines what they are and the answer is therefore correct (and all other options are completely incorrect). However, for the sake of argument the question has been changed.
Substantive procedures = Analytical procedures + Tests of DETAILS
Tests of controls might be called "compliance procedures" - but can never be substantive because they do not concern monetary amounts.