Which of the Following Statements Best Describes What Is Meant

question 20

Multiple Choice

Which of the following statements best describes what is meant by setting control risk at 100%?

• A)Controls are effective.
• B)Controls are relevant.
• C)Controls are ineffective.
• D)Cannot be determined from the information given.

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Definitions:

Bicameral Legislature

A legislative body made up of two branches or chambers, like the House of Representatives and the Senate in the U.S. Congress.

House of Representatives

The lower chamber of the United States Congress, consisting of representatives elected from each state based on its population, responsible for making and passing federal laws.

Senate

One of the two houses of the legislature in many countries, including the United States, where it acts as the upper chamber in Congress, involved in lawmaking and government decision-making.

Civil Law

The body of law applicable to lawsuits involving two private parties.