This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If an auditor concludes that internal controls are likely to be effective, the preliminary ... (Read 117 times)

xman15.

  • Full Member
  • ***
  • Posts: 155
on: Aug 21, 2022

Question 1

If acceptable audit risk is increased, acceptable risk of incorrect acceptance should be
◦ increased.
◦ reduced.
◦ unaffected.
◦ modified.

Question 2

If an auditor concludes that internal controls are likely to be effective, the preliminary assessment of control risk can be reduced, leading to which of the following impacts on the acceptable risk of incorrect acceptance?
◦ The acceptable risk of incorrect acceptance will be reduced.
◦ The acceptable risk of incorrect acceptance will be increased.
◦ The acceptable risk of incorrect acceptance will be eliminated.
◦ The acceptable risk of incorrect acceptance will not be impacted.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by xman15. on Aug 21, 2022

khammond77

  • Full Member
  • ***
  • Posts: 156
Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


xman15.

  • Member
  • Posts: 155
Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Which wavelengths of light are most effective at photosynthesis? Which wavelengths of light are most effective at photosynthesis?
An adult tooth, longitudinal view showing internal structures of the crown and root. An adult tooth, longitudinal view showing internal structures of the crown and root.
Range of Motion of the Hip Joint, Internal and External Rotation Range of Motion of the Hip Joint, Internal and External Rotation
A client is having an endoscopy performed by a physician who views the upper gastrointestinal intern A client is having an endoscopy performed by a physician who views the upper gastrointestinal intern
Atherosclerosis. (a) A sectioned coronary artery that exhibits an accumulation of fatty plaque, whic Atherosclerosis. (a) A sectioned coronary artery that exhibits an accumulation of fatty plaque, whic
Stromatolite fossil cut away to reveal the internal concentric banding. Stromatolite fossil cut away to reveal the internal concentric banding.
Video: Immune responses Animation

For a complete list of videos, visit our video library