Which of these is not compatible with a high level of inherent and control risk?
A) Detection risk is low.
B) A larger sample should be used.
C) Substantive procedures are less effective.
D) Year-end tests are preferable.
Correct Answer:
Verified
Q2: The least costly form of testing is
Q3: If the lower assessed level of control
Q3: For small clients, it is often more
Q5: Which of these would not necessarily be
Q8: Which of these would be a reason
Q9: Tests of details of transactions primarily involve:
A)confirmation
Q11: Which of these would not be considered
Q12: Tests of details of transactions generally use
Q12: Which of these is not considered a
Q14: If the predominantly substantive approach preliminary audit
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