Assessing control risk at a lower level involves all of the following except:
A) Identifying specific controls to rely on.
B) Concluding that controls are ineffective.
C) Performing tests of controls.
D) Analyzing the achieved level of control risk after performing tests of controls.

Question

Quizplus · Accepted Answer

Assessing control risk at a lower level involves identifying specific controls to rely on, performing tests of controls, and analyzing the achieved level of control risk after performing tests of controls. It does not involve concluding that controls are ineffective. This is because control risk assessment at a lower level considers the effectiveness of specific controls, rather than making a general conclusion about the effectiveness of all controls.

Assessing Control Risk at a Lower Level Involves All of the Following