Multiple Choice
Risk assessments can vary in format, but generally include: 1. A description of identified risks. 2. Tests of audit controls. 3. A system of rating risks. 4. Sample size identification.
A) 1 and 2 only
B) 1 and 3 only
C) 1, 3, and 4 only
D) 2, 3, and 4 only
Correct Answer:

Verified
Correct Answer:
Verified
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