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

Author Question: If the audit assurance rate is 95%, then the level of acceptable audit risk is 5%. (Read 63 times)

Maddie9229

  • Full Member
  • ***
  • Posts: 129
on: Aug 21, 2022

Question 1

If acceptable audit risk is low, and inherent risk and control risk are both low, then planned detection risk should be high.
◦ true
◦ false

Question 2

If the audit assurance rate is 95%, then the level of acceptable audit risk is 5%.
◦ true
◦ false
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 Maddie9229 on Aug 21, 2022

miro2222

  • Full Member
  • ***
  • Posts: 177
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


Maddie9229

  • Member
  • Posts: 129
Reply 2 on: Aug 21, 2022
Gracias!

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

These species are all at risk of extinction. These species are all at risk of extinction.
Increased risk of trisomy with maternal age. Increased risk of trisomy with maternal age.
Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt
Impacts of rising sea level Impacts of rising sea level
Improving your flexibility can help you reduce muscle soreness and lower your risk of injury Improving your flexibility can help you reduce muscle soreness and lower your risk of injury
Total Fertility Rate in the United States, 1860–2008 Total Fertility Rate in the United States, 1860–2008
Video: Fetal development - Weeks 9 to 38

For a complete list of videos, visit our video library