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  2. Topic
    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 8: Internal control and control risk
  5. Question
    If, When Obtaining an Understanding of Control Activities of a Relatively
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If, When Obtaining an Understanding of Control Activities of a Relatively

Question 91

Question 91

True/False

If, when obtaining an understanding of control activities of a relatively small client, the auditor identified no control activities, the auditor would probably set a low assessment of control risk.

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