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How Much Control Does the Auditor Have Over Inherent Risk

Question 53

Multiple Choice

How much control does the auditor have over inherent risk?


A) The auditor adjusts the controls that are considered (high level of control) .
B) The auditor considers inherent risk for the business as a whole (some control) .
C) The auditor assesses the factors that make up inherent risk (no control) .
D) The auditor calculates inherent risk values as a residual (no control) .

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