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    Business
  3. Study Set
    Auditing and Assurance Services
  4. Exam
    Exam 4: Internal Control, Control Risk, Section 404 Audits, Fraud Auditing, and the Impact of Information Technology on the Audit Process
  5. Question
    Compared to a Public Company, the Most Important Difference in a Nonpublic
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Compared to a Public Company, the Most Important Difference in a Nonpublic

Question 19

Question 19

Multiple Choice

Compared to a public company, the most important difference in a nonpublic company in assessing control risk is the ability to assess control risk at ________ for any or all control- related objectives.


A) moderately low
B) high
C) low
D) medium

Correct Answer:

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