The higher the likelihood of misstatement in a business process,the more likely the auditor is to do more control testing at year-end than if the likelihood of misstatement is less.

Question

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The higher the likelihood of misstatement, the more likely the auditor is to perform substantive testing rather than control testing, as they would focus on the amounts and transactions to directly verify the accuracy of financial statements.

The Higher the Likelihood of Misstatement in a Business Process,the