Which of the following is not an example of a likely adjustment in the auditors' overall audit approach when significant risk is found to exist? A)Apply increased professional skepticism about material transactions. B)Increase the assessed level of detection risk. C)Assign personnel with particular skill to areas of high risk. D)Obtain increased evidence about the appropriateness of management's selection of accounting principles.

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When significant risk is found to exist, the auditors' overall audit approach may include applying increased professional skepticism about material transactions, assigning personnel with particular skill to areas of high risk, and obtaining increased evidence about the appropriateness of management's selection of accounting principles. However, increasing the assessed level of detection risk would not be a likely adjustment because significant risk indicates a higher risk of material misstatement, and increasing detection risk would increase the risk of accepting a material misstatement.

Which of the Following Is not an Example of a Likely