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When Planning an Audit, the Auditor's Assessed Level of Control

Question 14

Multiple Choice

When planning an audit, the auditor's assessed level of control risk is:


A) determined by using actuarial tables.
B) calculated by using the audit risk model.
C) a judgment issue, based on auditor knowledge.
D) calculated by using the formulas provided in the AICPA's auditing standards.

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