It Is Easier and More Common to Implement Increased Evidence

Multiple Choice

It is easier and more common to implement increased evidence accumulation for inherent risk than for acceptable audit risk because:

A) inherent risk applies to the entire audit.
B) inherent risk can usually be isolated to specific accounts.
C) acceptable audit risk does not impact on the amount of evidence which must be accumulated.
D) acceptable audit risk and sample sizes are set statistically.