Which of the following is not true with regard to the relationship among control risk,the risk of overreliance,and the tolerable rate of deviation?
A) Lower levels of control risk result in a higher level of the risk of overreliance.
B) Lower levels of the risk of overreliance result in a lower tolerable rate of deviation.
C) Lower levels of control risk result in a lower tolerable rate of deviation.
D) All of these are true.
Correct Answer:
Verified
Q21: In determining the number of documents to
Q23: After examining sample items and classifying items
Q24: In planning a statistical sample for a
Q25: If an auditor tested 50 transactions and
Q25: Which of the following is not a
Q26: If an auditor calculated an upper limit
Q29: In the study of internal control,the auditor
Q30: To statistically evaluate an attributes sampling application,the
Q32: The procedures for statistical evaluation of tests
Q33: If the upper limit rate of deviation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents