The Likelihood of Assessing Control Risk Too High Is the Risk

Multiple Choice

The likelihood of assessing control risk too high is the risk that the sample selected to test controls:

A) Does not support the auditor's planned assessed level of control risk when the true operating effectiveness of internal control justifies such an assessment.
B) Contains misstatements that could be material to the financial statements when aggregated with misstatements in other account balances or transactions classes.
C) Contains proportionately fewer monetary errors or deviations from prescribed internal controls than exist in the balance or class as a whole.
D) Does not support the tolerable error for some or all of management's assertions.