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    Auditing Study Set 1
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    Exam 10: Substantive Testing and Balance Sheet Accounts
  5. Question
    Based on Her Review, Joyce Yu Found Both Inherent Risk
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Based on Her Review, Joyce Yu Found Both Inherent Risk

Question 1

Question 1

Multiple Choice

Based on her review, Joyce Yu found both inherent risk and control risk at a major research facility to be high. One would expect that her amount of substantive testing required would be:


A) high.
B) low.
C) medium.
D) impossible to determine without more data.

Correct Answer:

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