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Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 17
As lower acceptable levels of both audit risk and materiality are established, the auditor should plan more work on individual accounts to
A) Find smaller errors.
B) Find larger errors.
C) Increase the tolerable misstatements in the accounts.
D) Decrease the risk of overreliance.
A) Find smaller errors.
B) Find larger errors.
C) Increase the tolerable misstatements in the accounts.
D) Decrease the risk of overreliance.
Explanation
Verified
Verified
Hence, option (a) is correct.
Explanati...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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