The auditor has some control over:
A) the actual level of control risk.
B) the assessed level of control risk.
C) both the actual level and the assessed levels of control risk.
D) neither the actual level nor the assessed level of control risk.
E) the projected level of control risk.

Question

Quizplus · Accepted Answer

The auditor has control over the assessed level of control risk because it is based on the auditor's evaluation of the effectiveness of an entity's internal controls. The actual level of control risk exists independently of the auditor's assessment and is not something the auditor can control.

The Auditor Has Some Control Over