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  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services
  4. Exam
    Exam 7: Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts, Audit of the Payroll and Personnel Cycle, Audit of the Inventory and Warehousing Cycle
  5. Question
    Inherent Risk Is Typically ________ for Balance- Related Audit Objectives
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Inherent Risk Is Typically ________ for Balance- Related Audit Objectives

Question 43

Question 43

Multiple Choice

Inherent risk is typically ________ for balance- related audit objectives as they relate to payroll.


A) high
B) moderate
C) low
D) not considered

Correct Answer:

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