Solved

An Auditor May Decide to Decrease the Acceptable Level of Risk

Question 797

Multiple Choice

An auditor may decide to decrease the acceptable level of risk when:


A) Increased reliability from the sample is desired.
B) Many differences (audit value minus recorded value) are expected.
C) Initial sample results do not support the planned level of control risk.
D) The cost and effort of selecting additional sample items is low.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions