The auditor might choose a response to lower inherent risk for audit assertions where the auditor has developed an analytical model by examining the relationship between nonfinancial measures of the volume of business activity such as gross payroll or accrued payroll taxes, and these items are consistent with expectations.

Question

Quizplus · Accepted Answer

The auditor might choose a response to lower inherent risk for audit assertions where the auditor has developed an analytical model by examining the relationship between nonfinancial measures of the volume of business activity such as gross payroll or accrued payroll taxes, and these items are consistent with expectations.

The Auditor Might Choose A Response to Lower Inherent Risk