Tolerable Misstatement as Set by the Auditor

question 99

Multiple Choice

Tolerable misstatement as set by the auditor:

• A) increases inherent risk and control risk.
• B) increases control risk only.
• C) increases inherent risk only.
• D) does not affect inherent or control risks.

---

Definitions:

Endocrine System

A collection of glands that produce hormones which regulate metabolism, growth and development, tissue function, and mood.

Exocrine Glands

Glands that release their secretions through ducts either to the external environment or into the internal organ surfaces.

Hypothalamus

A region of the brain below the thalamus that coordinates both the autonomic nervous system and the activity of the pituitary, controlling body temperature, hunger, and thirst.

Plasma Proteins

Proteins present in blood plasma that play roles in blood clotting, immunity, and other functions.