Multiple Choice
Significant risk often relates to
A) low-dollar-value transactions.
B) simple transactions.
C) routine transactions.
D) nonroutine transactions.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q41: In practice,auditors rarely assign numerical probabilities to
Q42: What is a nonroutine transaction,and give two
Q43: The risk that an auditor's procedures will
Q44: When inherent risk is assessed as higher
Q45: In addition to representing an assessment of
Q47: An important role of inherent risk assessment
Q48: Which of the following describes the components
Q49: If detection risk is reduced,the amount of
Q50: You generally consider your audit client's management
Q51: If the auditor assessed the detection risk