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

Author Question: Which of the following is an accurate statement regarding how the acceptable risk of overreliance ... (Read 33 times)

urmomsucks

  • Full Member
  • ***
  • Posts: 146
on: Aug 21, 2022
Which of the following is an accurate statement regarding how the acceptable risk of overreliance (ARO) and the acceptable risk of incorrect acceptance (ARIA) interact to affect evidence accumulation?
◦ If internal controls are likely to be effective, preliminary control risk can be increased.
◦ A lower control risk requires a lower ARO in testing the controls, which requires a smaller sample size.
◦ If controls are found to be effective, control risk can remain low, which permits the auditor to increase ARIA, thereby requiring a smaller sample size in the substantive tests of details of balances.
◦ If misstatements are considered unlikely, ARIA will decrease, and the sample size will also decrease.
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 urmomsucks on Aug 21, 2022

brunoanthony

  • Full Member
  • ***
  • Posts: 169
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 39% of students answer this correctly


urmomsucks

  • Member
  • Posts: 146
Reply 2 on: Aug 21, 2022
Wow, this really help

  • Member
  • Posts:
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

These species are all at risk of extinction. These species are all at risk of extinction.
Diabetes mellitus. The metabolic disease diabetes mellitus, with symptoms of polydipsia, polyuria, a Diabetes mellitus. The metabolic disease diabetes mellitus, with symptoms of polydipsia, polyuria, a
A1C Levels Predict Risk of Complications A1C Levels Predict Risk of Complications
Focus on older adults - risk for infection Focus on older adults - risk for infection
Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
Stroke Risk Factors Stroke Risk Factors
Video: Phlebotomy

For a complete list of videos, visit our video library