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Author Question: When management has an adequate level of integrity for the auditor to accept the engagement ... (Read 22 times)

tspaw0811

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on: Aug 21, 2022

Question 1

If an auditor believes the chance of financial failure is high and there is a corresponding increase in business risk for the auditor, acceptable audit risk would likely
◦ be reduced.
◦ be increased.
◦ remain the same.
◦ be calculated using a computerized statistical package.

Question 2

When management has an adequate level of integrity for the auditor to accept the engagement but cannot be regarded as completely honest in all dealings, auditors normally
◦ reduce acceptable audit risk and increase inherent risk.
◦ reduce inherent risk and control risk.
◦ increase inherent risk and control risk.
◦ increase acceptable audit risk and reduce inherent risk.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by tspaw0811 on Aug 21, 2022

katrey9207

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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.
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tspaw0811

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

nathang24

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Reply 3 on: Yesterday
Excellent

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