menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 12: Assessing Control Risk and Reporting on Internal Controls
  5. Question
    If, When Obtaining an Understanding of Control Activities of a Relatively
Solved

If, When Obtaining an Understanding of Control Activities of a Relatively

Question 15

Question 15

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 high assessment of control risk.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: It is typical to use both a

Q11: Which of the following is most correct

Q12: The procedures used to gain an understanding

Q13: When using the test data approach,<br>A) auditors

Q14: Which of the following is not seen

Q16: The auditor designs and performs a combination

Q17: When a client uses a service center

Q18: Control risk is generally set at minimum

Q19: Which of the following may represent the

Q20: If the results of tests of controls

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines