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 17: Audit Sampling for Tests of Details of Balances
  5. Question
    If the Population Is Not Considered Acceptable, One Step the Auditor
Solved

If the Population Is Not Considered Acceptable, One Step the Auditor

Question 124

Question 124

Multiple Choice

If the population is not considered acceptable, one step the auditor is likely to take is to


A) retest all internal controls.
B) ask the client to adjust the account balance.
C) test the entire population.
D) decrease inherent risk.

Correct Answer:

verifed

Verified

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

Related Questions

Q119: An estimate of the largest likely overstatement

Q120: If acceptable audit risk is increased, acceptable

Q121: One of the steps involved in planning

Q122: Acceptable risk of incorrect rejection is the

Q123: The auditor uses monetary unit sampling to

Q125: The primary factor affecting the auditor's decision

Q126: Stratified sampling is applicable to difference, mean-per-unit,

Q127: Consider the steps in sampling for tests

Q128: Why do auditors find MUS appealing?<br>A) MUS

Q129: When errors are found in a sample,

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